U.S. Job Openings Drop to 7.1 Million in November, a 14-Month Low
- Job Openings Decline: According to the Bureau of Labor Statistics, U.S. job openings fell to 7.1 million in November 2025, down by 885,000 from the previous year, indicating a weakening labor market that could impact consumer spending and economic growth.
- Layoff Surge: In 2025, over 122,000 tech employees were laid off globally, reflecting significant challenges faced by high-tech companies, which may lead to industry restructuring and reduced talent mobility.
- Gold Price Surge: As of January 8, gold prices surged over 66% to an all-time high of $4,500 per ounce, indicating strong demand for traditional safe-haven assets, which could influence future investment strategies.
- Cryptocurrency Market Volatility: Despite Bitcoin and Ethereum experiencing declines of 2.3% and over 4% respectively in the past year, analysts express optimism for a crypto rebound in 2026, anticipating the launch of over 100 ETFs to facilitate traditional finance's entry into the digital asset ecosystem.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36099.581 | 48049.791 | 60369.601 | 72319.811 | 84639.621 | 96589.831 | 108909.641 |
| Fibonacci | 48049.791 | 57320.938 | 63048.663 | 72319.811 | 81590.958 | 87318.683 | 96589.831 |
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