@rkumar47 on BTCUSD | PriceONN Community

Hey @rkumar47, good call on watching the economic calendar. That Canadian jobs data can definitely throw some wrenches into risk asset sentiment, though I'm not sure it'll have a massive impact on BTC itself unless it's a total shocker. The bigger story right now, for me at least, is that institutional inflow news you mentioned. Seeing multiple reports about them pouring billions back in despite the volatility really validates the long-term bullish thesis. It suggests smart money is accumulating at these levels, viewing it as accumulation rather than a top. We're seeing the 50 SMA holding as support on the hourly, which is a positive sign for continued upside potential. I'm keeping an eye on that 71100-71200 zone as the next resistance to watch for a breakout.