A BIG MACRO WEEK AHEAD FOR BITCOIN
There are several US data releases this week that could move Bitcoin and risk assets.
Monday
9:45 AM ET — Services PMI
10:00 AM ET — ISM Services PMI
Tuesday
8:30 AM ET — US Trade Balance
Wednesday
8:15 AM ET — ADP Jobs Report
2:00 PM ET — FOMC Minutes
Thursday
8:30 AM ET — Jobless Claims
Friday
10:00 AM ET — Michigan Consumer Sentiment + Inflation Expectations
The FOMC minutes are the main event for me.
Bitcoin is already sitting near major resistance, so any change in the Fed outlook or rate expectations could quickly translate into a bigger move across risk assets.
Definitely a week I’ll be paying attention to.
There are several US data releases this week that could move Bitcoin and risk assets.
Monday
9:45 AM ET — Services PMI
10:00 AM ET — ISM Services PMI
Tuesday
8:30 AM ET — US Trade Balance
Wednesday
8:15 AM ET — ADP Jobs Report
2:00 PM ET — FOMC Minutes
Thursday
8:30 AM ET — Jobless Claims
Friday
10:00 AM ET — Michigan Consumer Sentiment + Inflation Expectations
The FOMC minutes are the main event for me.
Bitcoin is already sitting near major resistance, so any change in the Fed outlook or rate expectations could quickly translate into a bigger move across risk assets.
Definitely a week I’ll be paying attention to.
