🚨 US JOBS DATA ALERT 🚨
Time: 13:30 UTC
Forecasts:
NFP: +70k (Prev: +50k)
Unemployment: 4.4% (Prev: 4.4%)
Wages (m/m): 0.3% (Prev: 0.3%)
Possible Price Impact (especially BTC):
Bullish Case: Jobs < 50k. Weak data signals a cooling economy, raising hopes for a Fed rate cut. This could push BTC back above $70,000.
Bearish Case: Jobs > 100k. Strong data boosts the USD, likely sending BTC toward the $65,000 support level or even lower.
Either way expect heavy volatility at the release!