One weak jobs report can change the rate narrative quickly, but I’m not sure it changes Bitcoin’s trend that quickly. The drop in October Fed hike odds from around 70% to 17% is significant, and BTC reacting toward $87K makes sense as markets price in easier monetary conditions. But there’s an important distinction here: weaker employment can be bullish for BTC through lower rate expectations, while also signaling a softer economy. Those two effects can pull markets in different directions. That’s why I’m paying more attention to the $87K–$87.7K area than Citi’s $113K target. BTC has struggled to close above its yearly open around $87,722, so reclaiming that level could provide stronger evidence that the market is actually absorbing the macro shift. The ETF flows and potential short squeeze add another layer, but neither guarantees a move toward $95K or $113K. For me, the key question is simple: Does BTC turn $87K–$87.7K from resistance into support, or does the market eventually retest $82K first? The jobs report changed expectations. Now price has to show whether it can hold the change.