Despite the better-than-expected non-farm payrolls data, Bitcoin barely moved. When a market doesn't react strongly to good news, it usually means either heavy selling pressure or that it's waiting for a bigger catalyst. Currently, BTC seems to be more like the latter: everyone is holding back, seemingly waiting for the signal to break the deadlock; waiting for that "black swan" or structural event that can truly change the narrative.

Actually, the non-farm payroll data wasn't that good, and wage growth even declined. twitter.com/blockTVBee/status/...