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