Skeptic | Why did Bitcoin grow? What’s the next move?

Unemployment rate’s up...
lemme explain short and sweet. When unemployment—a key factor for setting interest rates—rises, the Federal Reserve’s got no choice but to lower rates so companies can hire. Lower rates = more liquidity = Bitcoin and stocks go up.

What’s the next move?

Around $120,000, there’s about 1 billion in short liquidity positions. also it overlaps with the weekly pivot point level 4. I see a high chance of correction or ranging here. Personally, I opened a position before the $110,513 breakout (i shared in this analysis) and only took profits. If you’re still holding, I suggest not closing yet—once the $110,000 resistance broke, Bitcoin’s major weekly trend woke up, so we could see more growth.

If this analysis helped you, hit that boost—it fuels my mission! 😊 Stay disciplined, fam! ✌️