#NFPWatch 🔍 Why #NFPWatch Matters:
Scenario Market Reaction
🔼 Better-than-expected NFP Strengthens USD, increases rate hike expectations → Bearish for BTC/Gold
🔽 Weaker-than-expected NFP Weakens USD, boosts rate cut hopes → Bullish for BTC/Gold
📉 Recessionary Signal (NFP + other weak data) Risk-off or Fed pivot narrative → Mixed, but often bullish for crypto