𝐇𝐚𝐰𝐤𝐬 𝐯𝐬. 𝐝𝐨𝐯𝐞𝐬… 𝐰𝐡𝐨 𝐰𝐢𝐧𝐬?
Wall Street is getting increasingly divided over what the Fed does next.
Markets are currently pricing roughly a 2 in 3 chance of a September hike.
The hawks think the Fed still needs to stay tough, while the doves are pointing to a cooling labor market and questioning whether another hike makes sense.
That’s why Friday’s NFP could be important.
A stronger jobs report could push yields and the dollar higher, putting more pressure on $BTC and risk assets.
A weak report could shift the conversation back toward a more dovish Fed.
But I’m not just watching the headline number. Unemployment, wage growth and revisions could matter just as much.
I’ve got the $BTC chart open on BingX. Let’s see which side gets more ammunition.
Hawks or doves?
#BTC #BTC Price Analysis# #Macro Insights# $ETH
Wall Street is getting increasingly divided over what the Fed does next.
Markets are currently pricing roughly a 2 in 3 chance of a September hike.
The hawks think the Fed still needs to stay tough, while the doves are pointing to a cooling labor market and questioning whether another hike makes sense.
That’s why Friday’s NFP could be important.
A stronger jobs report could push yields and the dollar higher, putting more pressure on $BTC and risk assets.
A weak report could shift the conversation back toward a more dovish Fed.
But I’m not just watching the headline number. Unemployment, wage growth and revisions could matter just as much.
I’ve got the $BTC chart open on BingX. Let’s see which side gets more ammunition.
Hawks or doves?
#BTC #BTC Price Analysis# #Macro Insights# $ETH
