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Bullish
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$BTC
Expected to overcome the resistance, feeling bullish technically, plz have look on fundamentals as well.
#bitcoin
#halving
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Be cautious brothers !
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As of Friday, January 17, 2025, several key economic indicators are scheduled for release that could influence trading positions in cryptocurrencies and USDT (Tether). Monitoring these events is crucial for informed decision-making. 1. United States Economic Indicators: Housing Starts (December 2024): Release Time: 8:30 AM ETPrevious: 1.29 millionForecast: 1.33 millionImplications: An increase in housing starts suggests economic growth, potentially strengthening the USD, which may inversely affect cryptocurrency prices. 2. Building Permits (December 2024): Release Time: 8:30 AM ETPrevious: 1.51 millionForecast: 1.46 millionImplications: A decrease in building permits could indicate a slowing housing market, possibly leading to USD weakening and influencing crypto markets. 3. Industrial Production (December 2024): Release Time: 9:15 AM ETPrevious: -0.1%Forecast: 0.2%Implications: Growth in industrial production reflects economic expansion, potentially impacting investor sentiment in both traditional and crypto markets. 4. Capacity Utilization (December 2024): Release Time: 9:15 AM ETPrevious: 76.8%Forecast: 77.0%Implications: Higher capacity utilization indicates increased production efficiency, which can strengthen the USD and affect crypto valuations. 5. United Kingdom Economic Indicators: Retail Sales (December 2024):Release Time: 02:00 GMTPrevious: 0.2%Implications: Retail sales data can influence GBP strength, indirectly affecting USD and USDT valuations. 6. Eurozone Economic Indicators: Consumer Inflation (December 2024):Release Time: TBDImplications: Inflation rates impact ECB monetary policy decisions, influencing EUR/USD dynamics and, consequently
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Let’s get together and trade share ideas as well
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#CryptoETFNextWave $BTC $XRP $ Will Xrp take btc’s place in CMC?
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