Bitcoin fell below the opening level of 2025 as Wall Street reacted to better-than-expected U.S. jobs data. The labor market is 'strong,' but consumers are 'weak,' leading analysts to believe that the Fed will have to cut interest rates on 10/12 to rebalance the economy.
Meanwhile, Japan is causing confusion in the market: raising interest rates but also launching a stimulus package of 135 billion USD, prompting experts to exclaim, 'this is indeed a free play.'
Although expectations for monetary easing are rising, some organizations warn: interest rates may not decrease as easily as the market thinks.
Technically, $BTC is still under strong pressure: it needs to surpass important thresholds like 93,500 → 96,000–98,000 USD and maintain a stable RSI to talk about an upward trend. Currently, not surpassing the opening level of the year is 'a bearish signal still lingering around here.'
Not investment advice. If you buy at the peak – sell at the bottom, BTC is innocent, the market is innocent… only your emotions are guilty! 🤣📉
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