๐ U.S. Jobless Claims Drop to 215K โ Bullish or Bearish for #BTC ?
Jobless claims just came in lower than expected โ 215K vs 225K forecasted.
๐ Fewer layoffs = strong labor market.
๐ Strong labor = less chance of Fed rate cuts.
๐ Less easing = pressure on risk assets like #Bitcoin
Fed Chair Powell stays hawkish. No cuts. No bailouts.
Meanwhile, $BTC is between $83.7Kโ$85.2K.
Traders watching this tight range like hawks. Triangle pattern forming. RSI > 50. ๐
A breakout soon? Or more chop?
Whatโs your move?
๐ฌ Are we going UP or DOWN?
ETH
2,273.62
-1.71%
BTC
76,026.82
-2.27%