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  1. Home
  2. Hero Portfolio
  3. Friday’s Jobs Report May Decide Bitcoin’s March Trend

Friday’s Jobs Report May Decide Bitcoin’s March Trend

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  • kevin1K Offline
    kevin1K Offline
    kevin1
    wrote last edited by
    #1

    8f6ecb7d-652a-4de0-9d34-a18ff734043a-image.png

    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.

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    • cryptobroC Offline
      cryptobroC Offline
      cryptobro
      wrote last edited by
      #2

      wage growth up dollar up btc down economy makes sense apparently

      1 Reply Last reply
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