After the non-farm payrolls beat by 162k, BTC dropped from 81.3k to 78.6k; it didn’t break over the weekend, and on Monday I moved my stop-loss to breakeven for Bitcoin🔥
At the moment last Friday’s non-farm payrolls came in at +162k (vs. 55k expected), BTC plunged from 81.3k to 78.6k, the Fear & Greed index fell from 74 to 60, and more than $768 million in long positions were liquidated in 24 hours. But 78.6k didn’t break over the weekend, and on Monday morning it was trading sideways around 79,800. ETFs saw nearly $1 billion in net inflows this week.
I moved the 78.6k stop-loss I placed last week to my 79,000 breakeven point (77900 unchanged) — the reason is simple: stronger non-farm data means a 60% rate-hike probability is already priced in, but CPI won’t be the final word until 9/11. In between, the 78k–80k range is a grueling consolidation zone, not a collapse zone. Running too early just gets you shaken out$BTC
$ETH
#IMF称萨尔瓦多购币未用公共资金 #中国八大金融机构注资3600亿元
At the moment last Friday’s non-farm payrolls came in at +162k (vs. 55k expected), BTC plunged from 81.3k to 78.6k, the Fear & Greed index fell from 74 to 60, and more than $768 million in long positions were liquidated in 24 hours. But 78.6k didn’t break over the weekend, and on Monday morning it was trading sideways around 79,800. ETFs saw nearly $1 billion in net inflows this week.
I moved the 78.6k stop-loss I placed last week to my 79,000 breakeven point (77900 unchanged) — the reason is simple: stronger non-farm data means a 60% rate-hike probability is already priced in, but CPI won’t be the final word until 9/11. In between, the 78k–80k range is a grueling consolidation zone, not a collapse zone. Running too early just gets you shaken out$BTC
$ETH
#IMF称萨尔瓦多购币未用公共资金 #中国八大金融机构注资3600亿元
