$BTC X Recession

Good afternoon everyone!

This week, the GDP data, or GPD Now, from the USA will be released. The forecast is pessimistic...

In 2024, it was published on 04/25. It may be that we have this number on the same date.

A contraction of -2 to -2.5% is the forecast from the Atlanta FED.

What is the impact of this on assets?

Many believe that the market has already priced in this decline. But the truth is that as long as the event does not occur, the sentiment does not materialize, and although it is only the preliminary data, we know that things are not looking good...

In addition, with the tariffs, there is an expectation that the FED will not cut interest rates; the inflationary pressure from the tariffs is still unknown. Trump said that the USA has been collecting billions per day with the "new" price of cars. But who pays this bill?

What is the biggest problem?

Well, if the slowdown continues in Q2, that means the economy has entered a recession.

And BTC, ETH, XRP???

It remains to be seen if the market sentiment is that BTC is indeed a crisis-proof asset, or just a speculative asset...

If this really happens, be prepared, set your Stops, and be patient.

Tomorrow, 04/24, will be a day of great volatility. Set your Stops, don’t lose your profit! 🤜🏽🤛🏽