Pre-NFP Setup:
⏳2 days to NFP (Friday Aug 7). London is open.
🟠BTC sitting at $64,123
🥇Gold just printed a strong +2.33% day → $4,172
👉Key levels that matter into Friday’s NFP:
Bitcoin:
🔹Support: $63,000 → $61,500 → $60,000
🔹Resistance: $65,500 → $67,000 → $70,000
Gold :
🔸Support: $4,100 → $4,000 → $3,950
🔸Resistance: $4,200 → $4,300 → $4,500
Simple rule this week: ➡️If BTC holds $63k and Gold holds $4,100 → range continues. Break either level cleanly → volatility expands fast.
⚠️Don’t...
Every time crypto stops dumping, people start screaming:
“Look at the strength!”
No.
A market that has been moving sideways for months isn’t automatically strong.
Sometimes it just means nobody wants to buy it.
Meanwhile, stocks are making new all-time highs, money is flowing into equities, and crypto is still stuck in the same range.
If this was real strength, we’d already be seeing aggressive buyers pushing prices higher.
Instead, we’re seeing excuses.
“Strong because it didn’t dump.”
...