🇺🇸 US Core Retail Sales drops at 8:30 AM ET
This matters for $BTC:
• Beat expectations → yields & DXY pump → more pain for crypto
• Miss expectations → rate cut narrative back on → risk-on mode activated
Watch the reaction. Retail sales = Fed's next move = our bags
This matters for $BTC:
• Beat expectations → yields & DXY pump → more pain for crypto
• Miss expectations → rate cut narrative back on → risk-on mode activated
Watch the reaction. Retail sales = Fed's next move = our bags