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Tonight, closely watch four waves of U.S. market data. Whether Bitcoin—around 58,600—can break out of the trading range all depends on that!
Time points: 20:15 ADP Non-Farm, 21:45 PMI final, 22:00 ISM PMI + construction data
Everything affects the Fed’s interest rate—tonight is the watershed between bulls and bears.
Right now, this is a narrow-range shakeout; don’t make frequent trades—cutting and resetting stops back and forth is costly to your principal.
Market pattern: good data → bearish for Bitcoin (a drop); bad data → bullish for Bitcoin (a rebound). #BTC