EMPLOYMENT SITUATION REPORT DROPS TODAY! Why does it matter? This report has a significant impact on inflation trends, which directly influence the Federal Reserve’s decisions on interest rate cuts in 2025. And as we know, rate cuts ripple through the stock and crypto markets. Here’s the current forecast (likely priced into the markets already): Nonfarm Payrolls: Expected to rise by ~160,000 jobs in December, down from 227,000 in November. (Source: Reuters)Unemployment Rate: Projected to hold steady at 4.2%. (Source: AP News)Private Sector Employment: Anticipated to add ~135,000 jobs, down from 194,000 in November. (Source: Reuters)Wage Growth: Expected to see a marginal increase, maintaining an annual rise of 4.0%. What’s the theory? If the numbers are worse than forecasted, it might signal slower inflation, which could support the case for lower rates and potentially drive prices higher.If the numbers are better than expected, stronger employment could mean higher consumption, driving inflation up and increasing the likelihood of higher interest rates.The wildcard: Nothing unusual happens, as we’ve already experienced two sell-offs related to this topic in recent weeks. So, what’s next? Keep an eye on the numbers today. Depending on how they compare to the forecast, we could see a pump, a dump, or the market might shrug it off entirely (after all we already lived through 2 selloffs due to that in the last few weeks). Either way, the report sets the tone for what’s ahead in the economy and markets.
BRACE FOR THE PUMP!!!??? ??? Alright, here’s the scoop. The FED announced that rate cuts would be smaller than expected, which triggered a big sell-off. Then, when the job openings data dropped (which actually impacts the rates), the market acted like it was brand-new information, causing yet another sell-off. Seriously? Same excuse, twice? And as if that wasn’t enough, someone decided to drag up old news for dramatic effect. If I’m not mistaken, the Supreme Court approved that BTC sale way back in October. Yet here we are, with fear and panic spreading through the market like it’s breaking news. For reference, here’s the original source: Peter Schiff Warns $4B Bitcoin Liquidation in the US (The news are from the October last year) Now, here’s what I personally think—and I want to stress that this is just my own take, and I could absolutely be wrong,. It feels like the whales used the jobs data as the perfect excuse to take profits, giving everyone else a “reasonable” explanation for the price drop. Then, to make things worse, they threw in the old rumor about the US Gov selling 60k BTC which US Government at liberty to sell sine October last year, also DOJ did not announce anything of a kind. Again, this is just my belief: it seems like a coordinated effort to scare people and push prices down, so the big players can grab BTC at a discount. That said, I could be completely off-base here—it’s just how I see things right now. If I’m right, though, then I believe that by the end of the month (maybe not tomorrow), we’ll see BTC cruising past 100k again.
Well, nothing to do with the potentially rates staying the same and having no more money to invest into crypto, right ?
BullishBanter
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Bearish
What’s Causing the Crypto Market Dip?
The cryptocurrency market has been facing a decline recently, but it’s not due to any issue within the crypto space itself. The main cause lies outside—the US stock market, particularly the Nasdaq, has seen a sharp downturn. This has created a ripple effect, hitting both traditional financial markets and the cryptocurrency space.
Breaking Down the Connection
When the stock market experiences significant losses, it often triggers fear among investors. In the case of the recent downturn, the drop in the Nasdaq sparked a chain reaction. Investors, concerned about broader economic conditions, started pulling their funds not just from stocks but also from crypto assets. This led to widespread selling, pushing crypto prices lower even though there’s nothing inherently wrong with the technology or its potential.
What’s Really Happening in Crypto?
The current wave of selling is mostly a result of fear and uncertainty. Many investors are liquidating their crypto holdings in an attempt to avoid further losses, despite the fact that cryptocurrencies remain strong in terms of their long-term outlook. This is more about short-term panic rather than a reflection of the true value or potential of cryptocurrencies.
A Time to Stay Calm
What we’re seeing now is a reaction to external market conditions rather than any flaws in crypto itself. It’s important for investors to remain patient and keep their focus on the bigger picture. Historically, markets have always rebounded after periods of instability, and the crypto market is likely to recover as global financial systems stabilize. For those who believe in the long-term value of crypto, this might simply be a bump in the road rather than a major setback.
By staying informed and focused on the future, investors can navigate this period of uncertainty more confidently.
well ... as far as I know it is not a fact that Bitcoin is sold, that Arkham intelligence which is possibly a glitch https://btcscan.org/address/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 https://www.blockchain.com/explorer/addresses/btc/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6
BullishBanter
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📰 Major News: The US Government's Bitcoin Strategy Unveiled 🇺🇸
The US Government has reportedly sold 68,000 $BTC , valued at nearly $6.3 billion, but here’s the twist—they only announced it after the sale was completed. Interesting timing, right? By releasing the news post-sale, it sparks market fear and uncertainty, potentially driving prices down even further. Strategic, isn’t it?
Here’s how this appears to work: 1️⃣ Step One: Quietly sell off a large portion of their Bitcoin holdings without informing the public. 2️⃣ Step Two: After finishing the sale, announce to the market that they sold a massive chunk of Bitcoin. 3️⃣ Step Three: Watch the market react—typically with panic and a price drop—making the next move even more profitable.
And that’s not the end of it. The US Government still holds a massive stash of 190,000 BTC, worth approximately $18 billion. What’s next? Another surprise announcement? Another round of sales? It wouldn’t be shocking at this point.
Is this a calculated tactic to influence market trends, or are we overanalyzing their moves? Either way, the outcome is clear—the market gets hit, leaving traders and investors to deal with the fallout.
What’s your take on this? Share your thoughts and stay tuned for mo 💼 Breaking News: The US Government, Masters of Market Timing 🇺🇸 So, the US Government conveniently announces they're selling 69,370 $BTC (~$6.5B)after they’ve likely already sold it. Genius move! Why? Because why not let the market panic and drop even further, right? 👏 Step 1: Sell your $BTC quietly. 👏 Step 2: Announce it to the world. 👏 Step 3: Watch the market tank and pat yourself on the back for a job well done! Oh, and let’s not forget, they’re still holding 197K ($1.6B)... can’t wait for the next “surprise” announcement after another stealthy sale! 🎭 💬 What do you think? Is this strategy deliberate, or are we just overthinking it? Either way, the market gets hit—classic. follow for more !!re insight..