🚨 $BTC Just Did a WILD Thing! 🎢
Bitcoin spiked 3% to $88K then instantly reversed course after the latest U.S. Jobs report! 🤯
The report showed a surprisingly strong labor market (64K new jobs!), making a Fed rate cut in January 2026 less likely. This sent risk appetite tumbling, and $BTC quickly fell back to around $86.6K. However, it wasn’t all good news – a rise in part-time jobs alongside a decline in full-time positions created uncertainty.
Analysts predict potential selling pressure as traders adjust to shifting macro expectations. Expect a volatile week ahead with U.S. inflation data and the Bank of Japan’s rate decision looming. Plus, long-term holders are taking profits, and spot BTC ETFs saw significant outflows this week. Key support sits near $83K, with targets at $90K and $95K.#Bitcoin #Macroeconomics #CryptoNews #MarketUpdate 🚀
