Bitcoin ($BTC )has almost 66,000 on Wednesday after a pullback. The traders are anticipating three of the headline risks, which are US jobs data, US CPI, and a potential US government shutdown.



The jobs report of January followed briefly due to a brief shutdown. The Nonfarm Payrolls, unemployment, and wage growth are all monitored in markets to give clues on the demand of 2026. December contributed an addition of 50,000 jobs and the unemployment stood at 4.4%. It is projected to have created 55,000 jobs and the unemployment will remain 4.4%. Recruiting is confronted by counter winds of tariffs, stricter immigration policies, and rapid adoption of AI.

There are no clear indicators of inflation. The January CPI of China increased 0.2% as compared to 0.4% call, which was lower than 0.8% in December. China's PPI fell 1.4%.
Shutdown risk rises again. Prediction markets bet on a partial shutdown on the Department of Homeland Security beginning at midnight on February the 13th.

Price movement: BTC has moved in the range of $66,972 on 11th February, falling by approximately 2 percent after hitting resistance at approximately 70,000. RSI lies close to 37 and MACD is negative. Bulls need a break above $72,000. Bears will look at $65,000 at first, then at 60000 in case of selling pressure. ‍

#CelebratingNewYearOnGateSquare
BTC-1,4%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • 5
  • Share
Comment
0/400
MyLove1998vip
· 10h ago
Macro jitters rising; Bitcoin rangebound as traders await jobs, CPI, shutdown risks.
Reply0
ShahidJamal76vip
· 10h ago
2026 GOGOGO 👊
Reply0
ShahidJamal76vip
· 10h ago
Macro uncertainty keeps Bitcoin volatile, with key data likely deciding near-term momentum direction.
Reply0
HameedOfficialvip
· 12h ago
Macro uncertainty keeps Bitcoin volatile, with key data likely deciding near-term momentum direction.
Reply0
MSMA07vip
· 12h ago
Macro jitters rising; Bitcoin rangebound as traders await jobs, CPI, shutdown risks.
Reply0
Janan555vip
· 13h ago
A sharp and timely update—data-rich, balanced, and well-structured, with clear-eyed technicals and neutral macro context. Concise, professional, and spot-on.
Reply0
CSN_NYDvip
· 14h ago
Forward-looking perspective. The end state is a seamless, chain-abstracted user journey.
Reply0
Tornado9557vip
· 14h ago
BTC at $66K—macro risks loom, $65K key support, $72K breakout needed.
Reply0
Jimmy022vip
· 14h ago
Macro uncertainty keeps Bitcoin volatile, with key data likely deciding near-term momentum direction.
Reply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)