#NFPCryptoImpact Nonfarm payrolls data is finally here and it could send shockwaves through the cryptocurrency market! Whether you believe in Bitcoin for the long term or are a short-term trader, the big question is: should you buy now or wait? Let's break it down.
Here's what you should consider:
Bitcoin's fundamentals haven't changed: it remains the ultimate hedge against inflation and fiat instability. Weak labor data could spark a rally, but even if prices fall, this could be a prime entry point for long-term growth.
Why long-term holders shouldn't worry:
Bitcoin has weathered worse storms before.
Institutional adoption continues to grow.
Can the market go lower?
Ethereum and altcoins could also follow BTC's lead, amplifying the sell-off.
But this would be a good business STRATEGY for the tied $BTC