US unemployment rate fell to 4.1% (4.2% was expected) from 4.2% in August. 🔥🔥

US non-farm jobs added 254,000 new jobs in September (140,000 were expected). ✅

👍Fed Powell indicates further rate cuts can be expected 👁👁

This is good for risk-on markets as it reflects economic stability.

We should see a relief rally over the weekend.

Interestingly, this also coincides with the US election, which is on November 5.

 

Historically, #Bitcoin makes a new ATH after halving in Q4 when the US election gets over.

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#U.S.UnemploymentNewLow #BTCUptober #BULLRUN24 #realmabbaskhan #BrokeDown $BTC