<ul><li>Bitcoin's short-term direction is dependent on the upcoming release of United States labor market data.</li><li>Market participants believe the data release could have a significant impact on Bitcoin's price trajectory.</li><li>Bitcoin's cyclical and monetary views are both being considered as potential predictors of its future movement.</li><li>BTC's positive momentum continues, with growing interest of bulls pushing its price towards $71,000 and possibly its all-time high.</li></ul>

Bitcoin’s Short-Term Direction Hinges On This Week’s Labor Market Data Release

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