📊 U.S. Unemployment and
$BTC : What’s the market saying?
Today, U.S. initial jobless claims came out:
🔹 Actual: 194K
🔹 Forecast: 200K
🔹 Previous: 200K
That’s the lowest level since July, near a 57-year low. The labor market is solid, with few layoffs.
⚠️ Why does this matter for crypto?
Strong employment = a hot economy = less room for Fed rate cuts. With bond yields high (10Y ~5.1%), money has risk-free alternatives, and appetite for
$BTC is cooling.
📉 Reaction:
$BTC is down nearly 2% and trading around 81.8K after rejecting the 84.9K area. Tech stocks are also weighing on the market, along with oil near $100.
🎯 Levels I’m watching:
🟢 Support: 81,400 → 80,680
🔴 Resistance: 83,250 → 84,900
My take: I’m not chasing the move. I’ll wait for the price to confirm on the 1H/4H before entering, and I’m being careful with leverage because this data can move the futures market significantly. PMIs are coming tomorrow.
What do you think—support at 81K, or are we going to retest 80K? 👇
#BTC☀️ C
#Bitcoin❗ #Fed #desempleo #TechnicalAnalysis
#BİNANCE This is not financial advice. Do your own research.