⚠️ UPDATE on my rumor check. On Thursday I found no new Fed rate hike news, and that was true. Friday's jobs report changed it: payrolls rose 165K against roughly 60K expected and unemployment fell to 4.1%, pushing December rate-hike odds to about 77% to 80%, per BigGo Finance and Cryptorank.
$BTC dropped to $74,762, its lowest since Aug 21, and is $75,818 (-0.1%) now. $ETH is $2,241 (+0.3%). CryptoSlate warns of a $70,000 risk as investors realize $2 billion in losses.
Where does BTC go next?
1️⃣ Back to $80,000
2️⃣ Down to $70,000
3️⃣ Stuck between $72K and $78K
I'm taking 3️⃣. Rising hike odds cap the upside, ETF flows are still weak, but dips near $75K keep getting bought. Reply 1, 2 or 3 👇
$BTC $ETH #JobsReportRaisesHikeOdds #BinanceSquare #WriteToEarn
$BTC dropped to $74,762, its lowest since Aug 21, and is $75,818 (-0.1%) now. $ETH is $2,241 (+0.3%). CryptoSlate warns of a $70,000 risk as investors realize $2 billion in losses.
Where does BTC go next?
1️⃣ Back to $80,000
2️⃣ Down to $70,000
3️⃣ Stuck between $72K and $78K
I'm taking 3️⃣. Rising hike odds cap the upside, ETF flows are still weak, but dips near $75K keep getting bought. Reply 1, 2 or 3 👇
$BTC $ETH #JobsReportRaisesHikeOdds #BinanceSquare #WriteToEarn
