The market has fully priced in two more Fed rate hikes by the end of next January.
After the data comes out, the market needs time to digest it. The initial move may not represent the direction that follows.
I usually look at the daily chart structure first and use the news only to explain the market action.
$BTC is currently at 82764 (24h -0.61%).
#BTC
After the data comes out, the market needs time to digest it. The initial move may not represent the direction that follows.
I usually look at the daily chart structure first and use the news only to explain the market action.
$BTC is currently at 82764 (24h -0.61%).
#BTC