Bitcoin Price Alert!!!
As we all know that friday data is very important for bitcoin future price prediction but btc fall just 2k-3k after announcement, the leading cryptocurrency Bitcoin (BTC) and altcoins have faced sharp declines in recent days. While the BTC price fell to $91, there was a small recovery from the night hours. While Bitcoin rose to 94,000, all eyes on BTC and altcoins today are on the Non-Farm Employment data from the US, which is of great importance in terms of the FED's interest rate cuts. The data announced on the first Friday of each month is closely followed by investors and interested parties to understand the state of the economy.
So we will see bitcoin reaction after unemployment data announced, we will see clearly in this pic.
U.S. stocks closed on Wednesday, while the British pound hit its lowest level in over a year. The yield on U.K. bonds also reached a 16 year high. Gold prices surged to their highest level since mid December.
U.S govt want to sale holding of btc before trump held in white house but crypto pro trump and his famous advisor don't want to do that yet, so we might never seen a big drop in BTC prices but due to some technical fluctuations in prices bitcoin goes in raddish days, but just 1 good news about how trump could control U.S economic growth and convert negative CPI report into positive report, after that BTC makes another ATH which is above 150k recently.
Trump is a 2nd time elected president of U.S so he know how to control economic condition in the favour of U.S citizens, that's why he involved some strong business tycoon in his white house family, so in future or maybe in 2nd quarter of 2025 we will see btc at 180k according to their hash rate.
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#USJobsSurge256K #USJoblessClaimsDrop #USJobOpeningsSurge #cpi #StockMarketSuccess $BTC