According to Omkar Godbole, the expected payroll data release did not significantly impact risk markets, and Bitcoin (BTC) continues its sideways trading pattern. This suggests limited immediate trading opportunities in Bitcoin as market volatility remains low. Traders should monitor for any upcoming catalysts that could break this pattern. (Source: Omkar Godbole)

According to Omkar Godbole, the post-NFP reaction for Bitcoin has established a price range of $98.2K to $97.2K, which is considered a no trade zone at the moment, indicating limited trading opportunities within this range.

According to Omkar Godbole, the Bitcoin market has exhibited choppy trading patterns since a tweet on December 5, which has affected market stability and trader confidence. The fluctuations have presented challenges for short-term traders seeking to capitalize on price movements. This volatility is highlighted by the lack of clear directional trends, impacting trading strategies and risk management approaches. (Source: Omkar Godbole, Twitter)