5 hours ago

Bitcoin wobbles after shocking US jobs revision: What’s next for BTC?

US macroeconomic conditions mirror the 1990s, when Federal Reserve interest rate cuts drove a 30% stock rebound, a backdrop that could now set the stage for Bitcoin price to go higher.

Key takeaways:

Potential Federal Reserve rate cuts into weak US jobs data could fuel Bitcoin’s next rally.

BTC holds key support and eyes $129,000 after rebounding from its wedge pattern.

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Source: Cointelegraph →