Jobs Data Whipsaw
Bitcoin is violently whipsawing around flat as weak US jobs data briefly lifted it, then leveraged positioning churned the price back down.
Sources: https://www.binance.com/en-IN/square/post/373578608459512, https://uk.finance.yahoo.com/news/bitcoin-edges-above-85-000-061009728.html
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works