#BiyondDaily - New Short-Term Highs Required
๐ Bitcoin rebounded on positive jobs data, but Friday's payroll report remains crucial.
๐ฆ Goldman Sachs warns of sharp stock market drop if the report is negative.
๐ Short-term technicals still weak, rallies being sold.
๐ฌ BTC and ETH discussions declining, while AI and memecoins gain traction.
๐ณ Rumors of whales instigating altcoin sell-offs.
๐ Daily Active Address Activity at 3-year low.
๐ Private sector jobs report due today, could move markets.
๐ Monthly pivot point at $57,870, crucial for potential $60,000 push.
๐ผ Short positions opened near lows, increasing short squeeze potential.
Given these factors, what's your take on Bitcoin's short-term outlook?
#bitcoinโ๏ธ #CryptoAnalysisUpdate #MarketOutlook #GoldManSachs