Bitcoin fell to $74,762 after Friday’s US trading session opened, its lowest level since Aug. 21, while US stocks rose. The source does not give a calendar date for that Friday. US data showed 165,000 jobs added in October, above the 65,000 forecast, and an unemployment rate of 4.1%.
Analyst Keith Alan said the durability of Bitcoin’s 50-week trend-line support could not be confirmed before the weekly close. He warned that Bitcoin could fall as low as $69,000 if the area around $75,500 failed to hold.
