#BTCvsMarkets
[๐ US DATA JUST DROPPED โ What It Means for CRYPTO ๐]
3 Major US Economic Reports Are Out! Letโs break it down:
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1. ๐งพ Unemployment Claims
Actual: 222K
Forecast: 222K
Previous: 216K
Result: Slightly higher than before โ more jobless claims = weaker USD
โก๏ธ Bullish for Crypto โ
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2. ๐ญ Core Durable Goods Orders (m/m)
Actual: 0.0%
Forecast: 0.3%
Previous: 0.7%
Result: Missed expectations badly โ shows slowing business spending.
โก๏ธ Very Bullish for Crypto ๐ฅ
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3. โ๏ธ Durable Goods Orders (m/m)
Actual: 9.2%
Forecast: 2.1%
Previous: 0.9%
Result: Huge spike โ likely due to aircraft or defense orders (one-time deals).
โก๏ธ Bearish for Crypto but less important โ
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๐ฅ Conclusion:
Even though one data point was strong, the other two clearly show weakness in the US economy.
> Overall Bias = BULLISH for BTC & ETH
Big moves incoming โ Get ready to BUY THE DIP! ๐ฐ๐
