Bitcoin (BTC) is priced around 97,338 USD on February 7, amid predictions of a robust jobs report. Markets estimate 238,000 jobs created, with a possibility of exceeding 300,000, which could pressure BTC as interest rates remain elevated.

Anticipated high employment growth suggests prolonged high interest rates from the Federal Reserve. Market sentiment indicates traders are wary of significant rate cuts soon, predicting that BTC price may dip to around 95,000 USD before recovering.