Previewing Today’s ‘Most Important Jobs Report’ — What It Means For Bitcoin

Ivory Hill Wealth founder Kurt S. Altrichter predicts three possible scenarios how markets could react following today’s unemployment data report.

What Happened: In a thread posted on X on Jan. 8, Altrichter outlined three potential scenarios:

• A “too hot” report triggering a market selloff.
• A “just right” report sparking a broad relief rally.
• A “too cold” report initially boosting markets before concerns arise over economic growth.

These vastly different outcomes highlight the significant volatility expected in response to the upcoming data release.

A “too hot” outcome, characterized by over 200,000 jobs added and unemployment dipping below 4.1%, is expected to trigger a notable selloff.

Equities would fall over 1%, with Treasury yields spiking toward 5%, thereby pressuring stocks.

Although Altrichter does not specifically mention cryptocurrencies, Bitcoin (CRYPTO: BTC) would likely follow stocks lower if his prediction turned …

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