I’ve always maintained that no one really knows the real reason why crypto goes up and down especially btc but at times I am forced to go back on my words as this economic data and numbers have shown time without number that they have impact on where btc goes. And as you know it most coins follow in the direction of btc.
Recently when the data for the employment rate in the US was released it made the market move. So for me history has shown that these factors do have impact on how the market moves so I’d rally behind that as well.