📅 Key Dates to Watch: How Macroeconomics Influences $BTC
Want to stay ahead of the crypto market? 🚀 Understanding macroeconomic events is key to predicting Bitcoin’s price swings. Here are the dates that every trader should mark on their calendar! 🗓️
🔑 1. First Friday of the Month
The U.S. Non-Farm Payrolls Report is released. A strong or weak job market often influences risk assets like BTC. 📉📈
🔑 2. Mid-Month: CPI Data (Inflation)
Around the 13th, the U.S. Consumer Price Index (CPI) is published. Inflation numbers impact Fed decisions on interest rates, which directly affect crypto volatility. 📊
🔑 3. End of the Month: Consumer Confidence
The Consumer Confidence Index comes out in the last week. It reflects economic optimism and can steer investment flows into (or away from) crypto markets. 💡
🔑 4. FOMC Meetings (Every 6 Weeks)
The Federal Reserve announces interest rate decisions. Hawkish stances = bearish BTC. Dovish stances = bullish BTC. Keep a close eye! 🦅
🔑 5. Expiry of BTC Futures
Last Friday of Each Month: Futures and options expire on exchanges like CME. These dates often bring sudden price swings. ⚡
💡 Why It Matters:
Bitcoin isn’t just about crypto—it reacts to global economic forces. Mastering these dates can help you anticipate market moves and position yourself for success.
👉 Stay ahead of the game—follow me for more insights and let’s trade smarter!
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