Bitcoin (BTC) experienced a sudden retest of $27,000 on Oct. 6 as unexpected U.S. employment data shook the markets. BTC lost 2.1% in a single hourly candle, but a rebound saw bulls recover those losses. The volatility was due to U.S. non-farm payrolls (NFP) for September nearly doubling the expected number, at 336,000 versus 170,000. Despite demonstrating the labor market's resilience to the Federal Reserve's counterinflation measures, the September result was seen as bad for risk assets, including crypto. Some analysts predict another rate hike from the Fed at the November Federal Open Market Committee meeting.