🔥 The Fed has already raised the rate — now it’s data’s turn: what’s ahead for BTC on September 23–24
🏦 The Fed increased the rate by 25 bps to a range of 3.75–4.00%; the decision was unanimous. $BTC briefly dipped on it, but buyers returned, and by the weekend the price had recovered its losses. Now the market is waiting to see whether macro data will confirm a tougher stance.
📅 Wednesday, 23.09 (Kyiv time):
16:45 — Manufacturing PMI (forecast 53.4, prior 53.9)
16:45 — Services PMI (forecast 56.0, prior 56.5)
17:30 — Crude oil inventories (prior -0.640M)
📌 Thursday, 24.09:
15:30 — Initial jobless claims (forecast 201K, prior 196K)
17:00 — New home sales, Aug. (forecast 619K, prior 607K)
📊 The logic is simple: figures stronger than the forecast increase expectations of further tightening, pushing up yields and the dollar — which pressures risk assets. Weak data can restore appetite for risk. Expensive oil also matters: it fuels inflation concerns. Sharp moves are likely right at the time the data is released.
💬 Which number do you think will move the market the most: PMI or jobless claims? Tell us in the comments!
❗️ Be careful and stay prudent. Always manage your risk.
$BTC
🏦 The Fed increased the rate by 25 bps to a range of 3.75–4.00%; the decision was unanimous. $BTC briefly dipped on it, but buyers returned, and by the weekend the price had recovered its losses. Now the market is waiting to see whether macro data will confirm a tougher stance.
📅 Wednesday, 23.09 (Kyiv time):
16:45 — Manufacturing PMI (forecast 53.4, prior 53.9)
16:45 — Services PMI (forecast 56.0, prior 56.5)
17:30 — Crude oil inventories (prior -0.640M)
📌 Thursday, 24.09:
15:30 — Initial jobless claims (forecast 201K, prior 196K)
17:00 — New home sales, Aug. (forecast 619K, prior 607K)
📊 The logic is simple: figures stronger than the forecast increase expectations of further tightening, pushing up yields and the dollar — which pressures risk assets. Weak data can restore appetite for risk. Expensive oil also matters: it fuels inflation concerns. Sharp moves are likely right at the time the data is released.
💬 Which number do you think will move the market the most: PMI or jobless claims? Tell us in the comments!
❗️ Be careful and stay prudent. Always manage your risk.
$BTC