🇺🇸 Macro Alert: Why $88k is the Pivot Zone
Bitcoin is chopping around $88k and the reason is clear: the market is waiting for direction from the macro data.
Looking at the charts, we are stuck below the MA(25) resistance.
BTC
90,658.68
+0.16%
The Catalyst: The market is reacting to the mixed signals from #USJobsData and the upcoming payroll reports.
The Setup: If the #USNonFarmPayrollReport shows weakness, we might see a flush to retest $80k. If it's strong, we break $90k.
Don't trade the noise. Trade the reaction.