BTCUSDT Analysis by intothecryptoverse

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101811
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0
BTCUSDT
1H
Pending
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fundamental
The analyst discusses the correlation between the unemployment rate and Bitcoin's price action, suggesting that if the unemployment rate is below or equal to 4.2%, it's generally positive for Bitcoin. Conversely, if the unemployment rate is at or above 4.3%, a market correction for Bitcoin is likely. The analysis concludes that with an unemployment rate at 4.3 the price will probably range until February. The analyst infers that prior market movements are related to those mentioned numbers.
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Top Analysis of BTCUSDT

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42
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30