🔥ATTENTION🔥
💥The COMING WEEK is FUNDAMENTAL due to the economic data that ANTICIPATES VOLATILITY.
📈This is what we NEED for the #crypto market to RISE
👉Monday
▪️Manufacturing PMI 10:45 ARG
▪️Services PMI 10:45 ARG
-Expectations are unknown, but it is KEY that this economic data RISES and stays above 50
-You have a post on my accounts about the CORRELATION of PMI with #Bitcoin
👉Tuesday
▪️Consumer Confidence 11:00 ARG
-Expectations are unknown, but this data reflects how much citizens plan to CONSUME
-It is GOOD for them to consume to boost the economy
👉Wednesday
▪️Oil Inventory 10:30 ARG
-More oil in inventory could LOWER oil prices, which is GOOD for the market because it CHEAPENS production
👉Thursday
▪️GDP US 09:30 ARG
▪️New unemployment claims 09:30 ARG
-GDP is expected to go from 3.1% to 2.3%, a GREATER than expected figure would be POSITIVE for the market as it DISTANCES us from recession
-More unemployment claims are something seen during RECESSIONS, it is KEY that they are LESS than expected
👉Friday
▪️PCE INFLATION 09:30 ARG
-It is KEY that INFLATION DROPS so that the FED has a CLEAR path to CUT interest rates. Expectations are still unknown
📍A week with VERY IMPORTANT data that will IMPACT the market. THURSDAY and FRIDAY could be the most VOLATILE days
