๐ THIS WEEK COULD MOVE BITCOIN: FED, BIG TECH & INFLATION
One week. Multiple market catalysts. ๐
The next few days could test both the crypto market and traditional financial markets. Hereโs what matters most:
๐ Wednesday, October 28 โ FOMC + Big Tech
The Federal Reserve announces its rate decision, with markets focused on the policy outlook and guidance for December.
Microsoft and Alphabet also report earnings, putting AI spending and growth expectations under the spotlight.
๐ Thursday, October 29 โ Inflation + GDP
U.S. Q3 GDP and September PCE inflation data arrive together.
Hotter inflation could strengthen expectations for tighter monetary policy. Cooler readings could ease some pressure on risk assets.
Amazon, Intel and Sandisk also report earnings.
๐ Friday, October 30 โ Bank of Japan
The BOJ announces its policy decision. Any shift in its outlook could affect the yen, global liquidity expectations and broader risk sentiment.
For me, Bitcoin faces more than a technical test this week. Interest rate expectations, inflation, Big Tech earnings and global liquidity could all influence the next move.
Three things Iโm watching:
โข The Fedโs tone on future rate decisions
โข Whether inflation surprises to the upside or downside
โข Whether strong tech earnings support risk appetite
Your take Guyzzzzz? ๐
#cryptofirst21
$BULLA
One week. Multiple market catalysts. ๐
The next few days could test both the crypto market and traditional financial markets. Hereโs what matters most:
๐ Wednesday, October 28 โ FOMC + Big Tech
The Federal Reserve announces its rate decision, with markets focused on the policy outlook and guidance for December.
Microsoft and Alphabet also report earnings, putting AI spending and growth expectations under the spotlight.
๐ Thursday, October 29 โ Inflation + GDP
U.S. Q3 GDP and September PCE inflation data arrive together.
Hotter inflation could strengthen expectations for tighter monetary policy. Cooler readings could ease some pressure on risk assets.
Amazon, Intel and Sandisk also report earnings.
๐ Friday, October 30 โ Bank of Japan
The BOJ announces its policy decision. Any shift in its outlook could affect the yen, global liquidity expectations and broader risk sentiment.
For me, Bitcoin faces more than a technical test this week. Interest rate expectations, inflation, Big Tech earnings and global liquidity could all influence the next move.
Three things Iโm watching:
โข The Fedโs tone on future rate decisions
โข Whether inflation surprises to the upside or downside
โข Whether strong tech earnings support risk appetite
Your take Guyzzzzz? ๐
#cryptofirst21
$BULLA
