Testing times quickly return for Bitcoin traders as BTC price momentum again fails to recapture $100,000.
Bitcoin (BTC) fell further beneath $100,000 after the Jan. 16 Wall Street open as markets shook off a US unemployment overshoot.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD targeting $97,000, down nearly 3% after the week’s initial jobless claims.