#BiyondDaily - New Short-Term Highs Required
📈 Bitcoin rebounded on positive jobs data, but Friday's payroll report remains crucial.
🏦 Goldman Sachs warns of sharp stock market drop if the report is negative.
📊 Short-term technicals still weak, rallies being sold.
💬 BTC and ETH discussions declining, while AI and memecoins gain traction.
🐳 Rumors of whales instigating altcoin sell-offs.
📉 Daily Active Address Activity at 3-year low.
👀 Private sector jobs report due today, could move markets.
🔑 Monthly pivot point at $57,870, crucial for potential $60,000 push.
💼 Short positions opened near lows, increasing short squeeze potential.
Given these factors, what's your take on Bitcoin's short-term outlook?
#bitcoin☀️ #CryptoAnalysisUpdate #MarketOutlook #GoldManSachs