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Although overall it is still a bear market, recent major news signals have mostly been bullish.
First, expectations for interest rate hikes have cooled, and the conflict across the strait has eased. If tonight’s big Non-Farm Payroll data is still below the expected 110k, then Bitcoin may continue to surge upward a bit. There’s also nothing impossible about testing the 628–63500 range.
If it comes in higher than expected, keep the morning analysis: if it breaks under pressure at 618–62300, short it directly. $BTC