Not something big happened during the Powell speech, but as I mentioned in the previous post, he pointed out COVID19.

So, we can wait for volatility but a little bit will going up near 108-109k, but be ready for the tricks from Market Makers.

Yeah, it's not a bullish signal, so we are continue waiting... waiting Unemployment rate.

So lets speak really a little bit about it.

Why a little bit - cause you can check the news and see that this year many companies are going to be closed in the US, and they are big as Walmart.

It tells us that the Unemployment rate will be higher than 4.2.

It's also not bullish signal also it's not good thing that many people will lose their jobs but we have to do what we do and it's very good signal for investors in crypto market especcially.

So lets wait what will happen, and also check the previos post.

There is much deeper info about economy and about PCE.

Thank you 🙂