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$BTC
#Bitcon
É hora de comprar
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Binance Research: Key Trends in Crypto – January 2025 https://safu.im/wcHFozs4
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#NFPCryptoImpact How does the US jobs report (NFP) affect the cryptocurrency market? #NFPCryptoImpact The US Non-Farm Payrolls Report, commonly known as NFP, is a monthly report that reflects the number of jobs added or lost in the non-farm and non-government sectors in the United States. This report is one of the most prominent indicators of the health of the US economy and is usually released on the first Friday of each month. Importance of NFP Report and its Impact on Traditional Markets Job growth: If the report shows a significant increase in the number of jobs, it indicates a strong US economy, which leads to a boost in the value of the dollar and stocks. Job decline: If the report shows weakness in the labor market, it could indicate a potential economic slowdown, which would negatively impact traditional markets. Indirect impact on the cryptocurrency market Although the NFP report does not directly affect cryptocurrencies, its impact is felt in indirect ways: 1. Increase investment appetite: If the report is positive, investors feel more confident and tend to increase their investments, including in the cryptocurrency market. A strong economy allows individuals to have more surplus income, making them more willing to invest in assets like Bitcoin and other cryptocurrencies. 2. Changes in stocks and the dollar: The movement of stocks and the value of the dollar after the report sometimes affects the overall market sentiment. If stocks or the dollar rise, the cryptocurrency market may be affected by increased demand for it or vice versa. How does the NFP report help in understanding the market movement? Cryptocurrencies are more dependent on technology and regulatory developments, but the macroeconomic impact cannot be ignored. The jobs report helps provide a clear view of the state of the economy, helping investors understand the general mood of the market. Following this report gives traders the opportunity to make more informed decisions, whether in the traditional market or the cryptocurrency market. Conclusion
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$BTC Though BTC is showing a bullish sign today,it may go down within 2 days. There is a strong chance to fall down to $90800 to end this week. In my opinion BTC next resistance level : $95400 support level: $90800 Am i right or wrong? What do you think? Share your opinion in the comment section please.
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All the time we win all the time we lose its part of game whenever people blaming about market crash I thought that we are getting experiences to make ourselves perfect.carry on....
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