🇺🇸 Jobless claims: 203K vs 208K expected.
Labor market stronger than forecasted.
For $BTC? Mixed bag.
Strong economy = risk-on vibes. But also means Fed has zero urgency to cut rates. With inflation still in focus, this tilts us toward "higher for longer" territory.
The real alpha: watching for strong growth + cooling inflation. That's the goldilocks setup for risk assets.
Until then, we're range-bound with macro as the main driver.
Labor market stronger than forecasted.
For $BTC? Mixed bag.
Strong economy = risk-on vibes. But also means Fed has zero urgency to cut rates. With inflation still in focus, this tilts us toward "higher for longer" territory.
The real alpha: watching for strong growth + cooling inflation. That's the goldilocks setup for risk assets.
Until then, we're range-bound with macro as the main driver.