Main points:
-
Bitcoin is trying to arrange a recovery thanks to American job data that shows weak labor market.
-
BTC price procedures remain less than $ 116,000, but the request book data has traders who prefer short pressure.
-
Evidence of the decline in construction appears on the main poruffes.
Bitcoin (BTCHe was rejected from $ 116,000 in the Wall Street Open Championship on Friday, when Bolls sought to return from his lowest level in American trade.
Bitcoin bounces with job opportunities in the United States
Data from Cointelegraph Markets Pro and Tradingvief BTC/USD showed the sale at the beginning of the US trading session, with the re -targeted of local bottoms.
The nerves that exceeded a group of new American tariffs have sent the couple to $ 11,4116, and Traders have been divided On what may happen next.
American job data helped enhance mood, however, the notable salaries in July came at 73,000, which is much lower than 100,000 estimates and evidence of the labor market in the struggle.
This, in turn, strengthened the risk of reducing interest rates in the field of federal reserve soon, a few days after the Federal Reserve President Jerome Powell adopted a loud accent on future policy.
Latest data from the CME’s collection Fedwatch tool Market expectations showed in favor of lowering prices at the Federal Reserve meeting in September.
The reaction, the trading supplier that took the Kobeissi speech is a problem with job reviews and numbers contrasting with federal reserve points in the labor market.
“There is a scenario after today’s data: 1. The American labor market enters stagnation 2. There is something wrong in the data,” books In the jobs on X, call the descending reviews for the month of May and June “huge”.
“The unemployment rate rises, and it appears that -258,000 jobs have disappeared from data within two months.”
US President Donald Trump also responded, adding to Current pressure on Powell To reduce prices.
BTC price analysis liquidity pressure
By moving to BTC price procedures, market participants are looking forward to liquidity in the exchange book for hints regarding the next action.
Related to: Bitcoin registered the final of $ 115,000 with BTC price for “Al -Amoudi” August
Large blocks of the short qualifiers are waiting for approximately $ 120,000 – a long late level of reconsideration after the successive “seizure” targeting tall.
“Time is a time before Bitcoin holds it,” Crypto investor and businessman TED Bidows Argue Along with data from Coinglass.
The additional exchange size downloaded to X by the famous analysis account showed that Theingfisher showed that BitFinex traders buy less than $ 115,000.
🚨 This bitfinex $ BTC Perp CVD though 🚀
Bottom and a bitteWhat do you look at Ann? pic.twitter.com/o0akzrmnb
– TheKingfisher (Kingfisher_btc) August 1, 2025
The famous trader Crypnuevo at the same time Dru compared Between conducting the current price since the beginning of the year.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
publish_date
