CoinWorld News, the US labor market report to be released on February 7th may become a catalyst for BTC prices in the next two months. According to an article published by Benjamin Cowen, the founder and CEO of Into the Cryptoverse, on January 31, the "ideal point" for BTC is an unemployment rate of about 4.1%. He said, "If the unemployment rate is 4.1% or 4.2%, then BTC is likely to follow last year's blueprint and rise in February/March. If the unemployment rate is too high, this may make BTC even more uncertain."
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CoinWorld News, the US labor market report to be released on February 7th may become a catalyst for BTC prices in the next two months. According to an article published by Benjamin Cowen, the founder and CEO of Into the Cryptoverse, on January 31, the "ideal point" for BTC is an unemployment rate of about 4.1%. He said, "If the unemployment rate is 4.1% or 4.2%, then BTC is likely to follow last year's blueprint and rise in February/March. If the unemployment rate is too high, this may make BTC even more uncertain."