#BTC
Tonight, three important indicators will be released: the April ADP Nonfarm Employment Change, March Core PCE, and Q1 GDP.
Among them, the GDP data is the most noteworthy. If tonight's GDP data meets expectations or even falls below expectations, an initial sentiment of economic recession may arise.
For BTC, if the data is unfavorable, there could be significant short-term selling pressure. From an intraday trading perspective, a liquidity grab after a spike would accelerate the decline, as the accumulation of selling pressure above continues to grow, with the extreme selling position currently around the 96500 area.
Therefore, if the evening data is unfavorable, it is advisable to follow the intraday level of 95800 to look for a downward move towards the 936 and 927 positions.
Personally, I still believe it is bullish. My long positions have already been established.
Is there anyone sharing my thoughts? Is anyone taking long positions at this point? Please follow for more timely information. #特朗普就职百日 #Strategy增持比特币 #特朗普税改