#NFPCryptoImpact SHORT-TERM BULLISH YET STILL A ROLLERCOASTER MOST LIKELY AHEAD FOR #BTC AND #ETH
The lower than expected NFP reading this Friday may seem bullish at first, as it tends to spark short-term upward moves mostly reflected in sharp wick ups when taking a look at candlestick charts
However, this does not necessarily imply a sustainable move upwards, in particular within the context of this highly news-driven phase of the ongoing crypto cycle, framed by a succession of bullish and bearish fakeouts making it seem like a neverending rollercoaster, even for $BTC and $ETH as key reference bencharmks
