The BIGGEST SHOCK today is the unemployment rate coming in lower than expected at 4.4% 🇺🇸
- NFP came in at 50K < 66K expected (suggests dovish Fed policy).
Leaning hawkish and slightly bearish for
$BTC by reducing rate-cut odds to almost 0% for Jan.
Overall, not disastrous but tilts negative short-term...I'm watching how $90k holds as support.
If this fails, we see 88k CME gap get filled soon.