🔥 Key Highlights
📌 This week brings crucial reports, including Consumer Confidence, housing market data, Nvidia earnings, U.S. GDP, the PCE inflation report, and multiple Federal Reserve speeches.
📌 Bitcoin could benefit from strong economic data that boosts risk appetite, while weak figures or high inflation might trigger market volatility.
📌 Despite struggling to break past $100,000, Bitcoin remains around $95,765, keeping investors on high alert.
🗓 Key Economic Calendar
🔹 February 25 – The Consumer Confidence Report is released, measuring optimism about the economy.
✅ Higher confidence could encourage risk-taking and boost Bitcoin.
❌ Lower confidence may lead to market caution and potential pullbacks.
🔹 February 26 – Two major updates: New Home Sales Data and Nvidia’s earnings report.
📊 Housing market: A critical factor for economic stability.
🚀 Nvidia: A strong performance in AI and tech stocks could lift markets, benefiting crypto.
🔹 February 27 – The U.S. Q4 GDP report is released.
✅ Strong GDP growth could boost investor confidence and support Bitcoin.
❌ Weaker-than-expected GDP may fuel recession fears and increase market volatility.
🔹 February 28 – The PCE Inflation Report, one of the Fed’s preferred inflation metrics, is published.
📈 If inflation remains high, it could impact future interest rate decisions and investor sentiment toward Bitcoin.
🔹 Fed Speeches: Ten Federal Reserve officials are set to speak this week. Their comments on inflation, interest rates, and economic conditions could drive significant market moves.
🚨 What to Expect for Bitcoin?
📉 Bitcoin has struggled for three weeks to break the $100,000 mark. Currently, it’s trading around $95,765, down 1% in the last 24 hours.
📊 Key factors to watch:
✅ Strong economic data → Increased confidence, potential Bitcoin surge.
❌ High inflation or economic slowdown → Increased volatility and potential corrections.
📢 With so many economic reports and Fed speeches, volatility could rise. Staying informed will be crucial for spotting opportunities and managing risk.
🤔 What do you think will happen this week? Drop your thoughts in the comments! 🚀📉