Friday’s Jobs Report May Decide Bitcoin’s March Trend
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All eyes ultimately turn to Friday’s Non-Farm Payrolls report, the week’s highest-beta catalyst for Bitcoin. Consensus expects roughly 54,000 new jobs and an unemployment rate near 4.3%. A hot print above 80,000, especially alongside firm wage growth, would likely strengthen the dollar and pressure BTC toward support in the $62,000–$59,000 range.
Conversely, a soft employment report could accelerate rate-cut pricing and ignite a liquidity-driven rally. With Bitcoin trading below major resistance between $72,000 and $75,000, this week’s macro data could set the tone not just for days — but for the entire month ahead.