GM guys..
🔥Bitcoin Briefing Summary: 7th February 2025🔥
Economic data carries different weights; weekly jobless claims are less significant than the monthly non-farm payrolls (NFP), which has a greater impact on Bitcoin. Bitcoin's RSI (Relative Strength Index) is currently at 32, whic means oversold😁
Each month, analysis focuses on predicting the Consumer Price Index (CPI) using data such as retail sales, Purchasing Managers' Index (PMI), factory orders, and others to anticipate the Federal Open Market Committee's (FOMC) decision. This week's data indicates inflation will rise next week: retail sales are down, factory orders are down, durable goods are down, job openings are down, ADP (Automatic Data Processing) is up, while NFP is expected to decline. The 4P theory (jobs, unemployment, housing, printing) confirms the direction of inflation.🤔
Bitcoin is an inflation hedge. If inflation rises, Bitcoin rises, unless interest rates are hiked. In the long run, Bitcoin always wins because interest rate hikes cannot be sustained indefinitely. Bitcoin is driven by money printing, not real economic growth.🚀🌕
The overnight reverse repo (RRP) is down by only 1 billion, indicating liquidity is not yet optimal. Trump has softened his stance on interest rate policy, but the Fed remains "on pause" with an RRP strategy nearing zero. 🤩
Trump's stimulus aims to boost the economy without inflation, but the Fed is limiting its impact. The US strategy of reducing spending (USAID, immigrants, foreign troops) is a way to reduce dollar holders without reducing liquidity. Inflation remains inevitable.🥶
the key is here:
CPI up => BTC up
FED Dovish => BTC up
ADP down => BTC up
RRP down => DXY down
DXY down => BTC up
Inflation up => BTC up
BTC up => Altcoins up
so, when Altseason?😅
stay alert for today's NFP news, our predict was down, and we will see market will have STRONG reactions🚀🌕
source: @hoteliercrypto
