📉 Jobs blowout puts a December hike on the table, BTC slips under $75K
US payrolls came in at +165,000 for October versus a 65,000 estimate, and bets on a December rate hike went up. BTC dipped under $75K and missed the tech-stock rebound. Bitcoin ETFs bled $430M on Thursday, led by Fidelity and BlackRock.
🧠 Why I care: Hot jobs mean the Fed isn't coming to rescue anyone. And crypto not bouncing when tech does tells me spot buyers are on strike, not just scared.
🎯 Levels: The weekly MA50 around $75,500 is the line. Lose it on a weekly close and the weekly MA200 near $67,800 is the next real floor. Reclaim $82K and the story changes.
👀 What I'm watching: The next inflation print, daily ETF flows, and where the weekly candle closes against $75.5K.
I don't catch knives with my good hand. NFA. DYOR. 🍾
November 7, 2026 4
