bencowen-mirror.bsky.social
@bencowen-mirror.bsky.social
January 24, 2025 at 12:01 PM
#BTC Social Risk
January 24, 2025 at 12:01 PM
#BTC next move probably comes after the unemployment data on Friday.

My guess is as follows:

If unemployment rate:

4.2% or less = BTC continues higher
4.3% = BTC chops for another month before deciding
4.4% or greater = BTC gets a correction
January 24, 2025 at 12:01 PM
Advance Decline Index of the top 100 cryptocurrencies
January 24, 2025 at 12:01 PM
If #BTC can tag this short-term trend line again, it would correspond to $120k by the inauguration (Jan 20th)
January 24, 2025 at 12:01 PM
#BTC just hit $100k for the 1st time in 2025
January 24, 2025 at 12:01 PM
#BTC still looking similar to what it did exactly one year ago. Basically it first spiked up in early January, then down in late January, before picking back up more durably in February.
January 24, 2025 at 12:01 PM
Michael Saylor's $100k #BTC NYE Party
January 24, 2025 at 12:01 PM