📊 US DATA JUST DROPPED – What It Means for CRYPTO 🚀
Three key US economic reports are in! Here’s the breakdown:
1. 🧾 Unemployment Claims
- Actual: 222K
- Forecast: 222K
- Previous: 216K
- Result: Slightly higher than expected — more jobless claims = weaker USD
➡️ Bullish for Crypto ✅
2. 🏭 Core Durable Goods Orders (m/m)
- Actual: 0.0%
- Forecast: 0.3%
- Previous: 0.7%
- Result: Missed expectations by a wide margin — signaling weaker business spending.
➡️ Very Bullish for Crypto 🔥
3. ✈️ Durable Goods Orders (m/m)
- Actual: 9.2%
- Forecast: 2.1%
- Previous: 0.9%
- Result: Big spike, likely due to aircraft or defense orders (one-time factors).
➡️ Bearish for Crypto, but less significant ❗
🔥 Conclusion:
Despite one strong data point, the other two highlight weakness in the US economy.
> Overall Bias = BULLISH for BTC & ETH
Big moves ahead — time to BUY THE DIP 💰📈
Follow me for daily crypto insights, macro analysis, and top trade setups!