🚀 Bitcoin Bounces Back! 🚀
- BTC saw some wild swings as U.S. employment data smashed expectations, hitting 254,000 jobs vs. the predicted 147,000.
- BTC/USD neared $62K on Bitstamp, up 2% for the day.
- U.S. stocks also cheered, with S&P 500 and Nasdaq opening higher.
- The Kobeissi Letter noted, "Markets are perceiving ALL news as good news for the first time in years."
- Odds of a smaller Fed rate cut in November soared to 93% post-report.
- BTC cleared $61,830 liquidity, eyeing $62.5K next.
- Analyst Rekt Capital sees bullish continuation, calling it a "picture-perfect retest."
Stay tuned, crypto enthusiasts! 🌟