🚨 UPDATE MATERIAL MACRO BTC — 28 AUGUST 2026, 20.01 WIB
There is 1 truly material new development: global markets are now right ahead of Kevin Warsh’s speech at the Jackson Hole Economic Policy Symposium, while the dollar remains strong and yields are still sensitive. There has been no new CPI/PPI/PCE or labor release since the last update. 1. 🏦 Warsh’s speech is the main catalyst tonight (1) Fact: The speech is scheduled for 10:00 EDT / 21:00 WIB, 28 August 2026. Markets are waiting for clarity on the direction of Fed policy because US inflation is still persistent above target. Reuters says the key issue is whether Warsh will provide clearer signals regarding the Fed’s response to inflation and the possibility of interest rate hikes. �
🚨 MATERIAL MACRO BTC UPDATE — 28 AUGUST 2026, 19.12 WIB
There are 2 new material developments since the last update. 1. 🇺🇸 US labor data stronger than expected Fact: The latest data shows US initial jobless claims fell to 203,000 from 207,000 previously. Actual vs. expectations: 203,000 vs. 208,000 expected. Continuing claims also fell to 1,778 million from 1,796 million. Interpretation: A stronger labor market reduces the urgency for the Fed to ease policy. BTC impact: 🔴 Mildly bearish at the macro level. If labor data remains strong while inflation stays high, room for a tighter Fed policy remains open.
🇺🇸 Trump pushes for passage of the CLARITY Act — a catalyst of positive regulation for $BTC
(1) Facts Donald Trump has openly urged the U.S. Congress to pass the CLARITY Act, which aims to clarify the regulatory framework for the crypto market. This support is also one of the factors strengthening the BTC rally alongside a weakening dollar and Treasury buyback policy.
(2) Actual vs expectations No numeric data is available. This is a policy/regulatory development. Important: the bill has not yet automatically become law; the legislative process remains a risk.
(3) Impact for BTC : 🟢 Bullish Interpretation: clearer regulation can reduce uncertainty for institutions and the U.S. crypto market. This helps explain why the BTC rally is not only dependent on a short squeeze or a drop in yields.
However, its impact is more fundamental/regulatory rather than a direct macro catalyst like CPI or the FOMC.
(4) Indicators to monitor CLARITY Act developments and voting schedule ETF/institutional response after the rally BTC holding the $70,000 area Next resistance around $72K–$75K If BTC falls back below $69K, breakout momentum starts to weaken
$BTC now around $72K after a strong breakout. But this time the market is facing two opposing forces.
🔴 Jobless Claims: 206K vs 210K expected → the labor market is still strong. 🔴 Philly Fed: 47.4 vs ~24 expected → much stronger. 🔴 Oil: Brent back around $94 → inflation pressure. 🔴 Treasury yields: rising again; 10Y around 4.67% and 30Y 5.217%. 🟢 DXY: still relatively weak after previously falling to multi-month lows. 🟢 BTC: still maintaining the breakout momentum.
What’s interesting: economic data that should have made the market more hawkish hasn’t been able to break BTC.
Meanwhile, the Treasury has announced a doubling of long-term bond buybacks to at least $4 billion per operation starting in September, helping ease pressure in the bond market.
You don’t always have to chase big profits. Small profits that are consistent are still better than big profits that end up turning into losses. Take Profit (TP) when the target has been reached. Stop Loss (SL) if the setup is invalid. The most important thing: capital stays safe, positions stay under control. 🔒