HUNTING SZN by Jukov

$BTC has managed to break out of its 4h downtrend and the charts across the board are starting to look bottomed for the first time in a while. I’m adding small increments here but waiting for this weekend to set the tone for up or down.

It makes sense to me that Fridays Non-Farm Payroll / jobs data could have a strong market impact, since it’s the last major print before the next FOMC. Powell emphasized they care more about the labor market than current inflation prints, and because everything is built on hopes of a lower-rate future (and the probabilities around that), the impact should be visible.