Bitcoin wobbles after shocking US jobs revision: What’s next for BTC?
US macroeconomic conditions mirror the 1990s, when Federal Reserve interest rate cuts drove a 30% stock rebound, a backdrop that could now set the stage for Bitcoin price to go higher.
Key takeaways:
Potential Federal Reserve rate cuts into weak US jobs data could fuel Bitcoin’s next rally.
BTC holds key support and eyes $129,000 after rebounding from its wedge pattern.