The jobs report delivered exactly the volatility we flagged yesterday 🎢
NFP came in at just 29,000 vs. 90,000 expected. Bitcoin spiked to $87,085, clearing the $85K sell wall — then round-tripped back to $84,635 by Saturday, with $433M liquidated.
$87,500 remains the level to reclaim. A move above $90K likely needs steady ETF inflows plus the Fed holding rates on Oct 28.
Q3 was still Bitcoin's best since Q1 2024 (+42.7%). One volatile report doesn't undo that.
$BTC $ETH
#NFP #bitcoin #CryptoMarket
NFP came in at just 29,000 vs. 90,000 expected. Bitcoin spiked to $87,085, clearing the $85K sell wall — then round-tripped back to $84,635 by Saturday, with $433M liquidated.
$87,500 remains the level to reclaim. A move above $90K likely needs steady ETF inflows plus the Fed holding rates on Oct 28.
Q3 was still Bitcoin's best since Q1 2024 (+42.7%). One volatile report doesn't undo that.
$BTC $ETH
#NFP #bitcoin #CryptoMarket