$BTC
Market Alert: Key Data Drop at 8:30 PM – BTC Volatility Incoming?
Tonight at 8:30 PM, major economic indicators — unemployment rate and non-farm payroll data — will be released. This could trigger a wave of volatility in the market.
A heads-up for traders:
This data might help Bitcoin shake out the last batch of short sellers. If you're planning to go long, be cautious. If you're thinking of shorting, it might be wise to wait.
My current take:
A break above $100K seems unlikely for now. Most short positions have liquidation zones clustered around 9.8, and it’s possible that market makers will push BTC close to 9.9 before reversing down again.
I’m preparing to re-enter short positions once that setup plays out.
K chart lovers — this could be a good time to watch closely!
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