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Market Alpha
Tonight’s Non-Farm Payrolls data could decide whether $BTC truly holds above $80,000—or whether this is just another brutal bull trap.
The market expects around 56,000 new jobs for August, compared with -23,000 in July. A modest recovery is already priced into expectations.
Right now, BTC is hovering around $81,000. Last night's rally was fueled by dovish Fed signals, falling Treasury yields, and cooling expectations for further rate hikes.
So tonight, the scenarios are relatively clear:
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