Tonight 8:30 — U.S. Non-Farm Payrolls data release
The mainstream expectation is +91K, but the forecast range is very wide: 35K–180K.
So BTC’s trading range could also be very large: the current core range is 82,500–85,600
After the release, it may attempt to test 80,000—if the data is very strong (120K+). If it’s below 60K, it may test 88,000.
Tonight’s volatility may exceed last month’s Fed FOMC meeting. From 8:30–9:00, the swings will be very big—be cautious about catching a falling knife
The mainstream expectation is +91K, but the forecast range is very wide: 35K–180K.
So BTC’s trading range could also be very large: the current core range is 82,500–85,600
After the release, it may attempt to test 80,000—if the data is very strong (120K+). If it’s below 60K, it may test 88,000.
Tonight’s volatility may exceed last month’s Fed FOMC meeting. From 8:30–9:00, the swings will be very big—be cautious about catching a falling knife