Jobs report lands at 13:30 UTC today and $BTC is sitting right on its 50-week average.
• BTC around $75,700, down about 6% in 24h, under the 50-week MA near $75,733 (CryptoRank)
• Nasdaq closed down 5.5%, chip index down over 12% (The Block, TokenPost)
• Wintermute's next levels: $73,000 and $68,000. It needs a firm hold above $80,000 to turn the picture
A hot print could add pressure on rate-cut hopes, a soft one could feed growth fears. Either way the first move is often a fake-out.
Where does $BTC close tonight: above or below $75,000?
Not financial advice.
#Bitcoin #NFP #CryptoMarket
• BTC around $75,700, down about 6% in 24h, under the 50-week MA near $75,733 (CryptoRank)
• Nasdaq closed down 5.5%, chip index down over 12% (The Block, TokenPost)
• Wintermute's next levels: $73,000 and $68,000. It needs a firm hold above $80,000 to turn the picture
A hot print could add pressure on rate-cut hopes, a soft one could feed growth fears. Either way the first move is often a fake-out.
Where does $BTC close tonight: above or below $75,000?
Not financial advice.
#Bitcoin #NFP #CryptoMarket