September 9, $BTC
Non-farm payrolls data fell short of expectations, Federal Reserve's Goolsbee said: There is broad consensus within the Federal Reserve that there will be more rate cuts. Under the impact of data and information, the digital currency's form has grown, but then still fell, testing the low of 52500.
After the data was released, the three major US stock market indexes all fell more than 1%. Major technology stocks fell in unison, Nvidia fell 4.09%, Tesla fell 8.45%. The Philadelphia Semiconductor Index fell 4.52%, down 12.22% in the week. All 30 constituent stocks fell, Broadcom fell 10.36%.
The US dollar index, 10-year and 2-year government bonds all fell, crude oil, metals, and precious metals such as gold and silver also fell.
Therefore, it can be seen that the digital currency was affected and fell in price, but this impact is only temporary. On Monday, when it returns to normal, the demand for digital currency will also increase, and the price is expected to increase!
Buy from 54200-54500, target to 56000
