🚀 Macroeconomic Collapse: Why the Failure in the US Sent Bitcoin Above $86,800?
A global review of fresh US macroeconomic data revealed the activation of a powerful bullish trigger.
The official report from the Bureau of Labor Statistics turned out to be far worse than Wall Street expected, prompting large capital to move liquidity into the crypto markets.
• Disaster.
The number of new jobs outside agriculture in September grew by only 29 thousand versus a forecast of 90 thousand. This is a critical slowdown for the US economy.
• Unemployment.
Systemic pressure intensified as the official unemployment rate rose to 4.2% versus the expected 4.1%. Now the Fed will be forced to cut interest rates more aggressively, injecting cheap money into the system.
• Bottom line.
Amid the fiat crisis, Bitcoin showed its defensive strength by swiftly breaking the $86,800 mark. The complete draining of order books by funds cancels scenarios of deep drawdowns, turning a US recession into fuel for the rally.
$BTC
Subscribe to the channel—here we break down the maneuvers of big capital without boring theory and market illusions! 🚀
#Bitcoin #BTC #NonFarmPayrolls #MacroEconomics #FED #USMarket #Bybit #BinanceSquare
A global review of fresh US macroeconomic data revealed the activation of a powerful bullish trigger.
The official report from the Bureau of Labor Statistics turned out to be far worse than Wall Street expected, prompting large capital to move liquidity into the crypto markets.
• Disaster.
The number of new jobs outside agriculture in September grew by only 29 thousand versus a forecast of 90 thousand. This is a critical slowdown for the US economy.
• Unemployment.
Systemic pressure intensified as the official unemployment rate rose to 4.2% versus the expected 4.1%. Now the Fed will be forced to cut interest rates more aggressively, injecting cheap money into the system.
• Bottom line.
Amid the fiat crisis, Bitcoin showed its defensive strength by swiftly breaking the $86,800 mark. The complete draining of order books by funds cancels scenarios of deep drawdowns, turning a US recession into fuel for the rally.
$BTC
Subscribe to the channel—here we break down the maneuvers of big capital without boring theory and market illusions! 🚀
#Bitcoin #BTC #NonFarmPayrolls #MacroEconomics #FED #USMarket #Bybit #BinanceSquare
