Bitcoin slips below $79K as jobs data revives Fed fears – What’s next for BTC?
Stronger-than-expected US jobs data rekindled fears of a more hawkish Federal Reserve, driving yields and the dollar higher and pushing Bitcoin below $79,000. The report triggered profit-taking and short-term risk-off positioning, with traders eyeing immediate support in the mid-$70k range and resistance around $82k–$83k. If yields and rate-hike expectations remain elevated, BTC faces continued downward pressure and heightened volatility; a retreat in Fed hawkishness would likely restore momentum toward recent highs. Monitoring macro prints and real yields will be the key determinant of Bitcoin’s next directional move.
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