BTC CRASH IMMINENT? šØ
Non-farm payroll data from the US tonight! Market risk aversion is soaring. $BTC already dipped below $86,000, reflecting cautious pricing due to macro uncertainties. Short-term trends hinge on the non-farm payroll results. Weak employment data will strengthen rate cut expectations, depress the dollar and US Treasury yields, and $BTC may see an emotional rebound. If the data meets or exceeds expectations, the dollar is likely to strengthen, and $BTC may still be under pressure or even test lower levels. This is a "data-driven market," and volatility may increase significantly. Watch the direction chosen 1-2 hours after the data release.
BTCUSDT
Perp
86,496
-3.56%
