Bitcoin (BTC) flexes its muscles! 💪 After retesting $59,900 on Oct. 3, BTC rose 2.4%, despite a $62,000 resistance. The boost? US job data, Japan's economic stimulus whispers, and concerns over the US financial system.
- US dollar hit a 50-day high, but BTC didn't flinch. The "Milkshake Theory" suggests the dollar's strength is pulling in global liquidity, yet Bitcoin remains a hot alternative.
- US payrolls added 254,000 jobs in September, outpacing forecasts.
- Japan's potential stimulus and rising oil prices could push inflation, making Bitcoin a potential safe haven.
Stay tuned, crypto enthusiasts! 🚀