Bitcoin could use a deeper dip to reset “bull market sustainability,” some of the latest BTC price analysis concludes.
Bitcoin (BTC) brushed off United States unemployment data on March 21 as traders hoped for a longer BTC price consolidation.
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hovered around $66,000.
The day’s Wall Street open followed lower-than-expected U.S. jobless claims, which came after the Federal Reserve signaled plans to drop interest rates despite sticky inflation.