Bitcoin ($BTC ) is poised for a bullish rebound, with a critical hurdle at the $63K level. Following a robust US jobs report, which saw 254,000 new hires in September - surpassing forecasts of 147,000 - market confidence has surged. The unemployment rate plunged to 4.1%, combining with a 0.4% rise in average hourly earnings. This perfect storm of positive labor market data may propel $BTC beyond $66K, reigniting its upward trajectory. As investors capitalize on the favorable economic landscape, $BTC's potential breakout could have far-reaching implications for the cryptocurrency market, solidifying its position as a bellwether for digital asset.
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