Tomorrow night at 21:30: nonfarm payrolls are expected to add just 65,000 jobs—last month it was only 29,000, and July was even revised down to a negative number.
How can such a “pathetic” figure decide whether $BTC surges to 82,000 or crashes back to 76,000?
Because the market is now pricing in roughly an 80% chance of a Fed rate hike in December: a strong report makes a hike all but certain, and crypto takes the first hit; a weak report sets off recession alarms, and prices still fall first.
Which side are you on? A: Payrolls beat expectations, $BTC drops first and then rallies, heading for 82,000; B: Payrolls come in shockingly weak, and panic sends it crashing below 80,000.
$BTC $ETH $SOL
#非农 #美联储 #Bitcoin
How can such a “pathetic” figure decide whether $BTC surges to 82,000 or crashes back to 76,000?
Because the market is now pricing in roughly an 80% chance of a Fed rate hike in December: a strong report makes a hike all but certain, and crypto takes the first hit; a weak report sets off recession alarms, and prices still fall first.
Which side are you on? A: Payrolls beat expectations, $BTC drops first and then rallies, heading for 82,000; B: Payrolls come in shockingly weak, and panic sends it crashing below 80,000.
$BTC $ETH $SOL
#非农 #美联储 #Bitcoin