An important risk window this week is the Fed and ECB releasing the minutes of their September policy meetings in succession.
Employment was still strong at the September meetings, so the minutes are very likely to sound hawkish. But since the nonfarm payrolls report came out, the market has sharply reduced its expectations for an October rate hike.
For Bitcoin, the price has just broken upward and sentiment is bullish. If the minutes include hawkish remarks, a pullback and shakeout could follow. If they sound dovish, that will further fuel bullish sentiment.
$BTC
#比特币现货ETF三季度净流入63.4亿美元 #美联储10月加息概率降至17%
Employment was still strong at the September meetings, so the minutes are very likely to sound hawkish. But since the nonfarm payrolls report came out, the market has sharply reduced its expectations for an October rate hike.
For Bitcoin, the price has just broken upward and sentiment is bullish. If the minutes include hawkish remarks, a pullback and shakeout could follow. If they sound dovish, that will further fuel bullish sentiment.
$BTC
#比特币现货ETF三季度净流入63.4亿美元 #美联储10月加息概率降至17%