$BTC Macroeconomy Weekly Outlook☕️
Weekly Bias: 🟩Bullish with Caution | Strong bullish trend intact with ADX confirming strength. RSI at 60, CCI overbought, TD Sequential at 3 Up suggests momentum continuing but nearing exhaustion. Key catalysts this week: China Loan Prime Rate, M2 Supply, S&P PMIs, Jobless Claims, and Durable Goods. War premium remains the wildcard.
Monday, 21 Sep: 🟥🟩 Volatile. Japan holiday. China Loan Prime Rate expected to hold steady. No major US data. The dollar tends to rise during Asian hours and fall during US hours. We expects red in Asia and green in the US session. Blackrock buying expected.
Prediction: $79,000~$81,000
Direction: 🟥Bearish then 🟩Bullish
Tuesday, 22 Sep: 🟩 Green. Japan holiday. No major data. The market continues to digest the Fed's rate hike and the dollar's inability to strengthen. We expects a green day with Bitcoin pushing higher.
Prediction: $80,000~$82,000
Direction: 🟩Bullish
Wednesday, 23 Sep: 🟥 Red. M2 Supply data. S&P Global Manufacturing and Services PMIs. Fed Vice Chair Barr speaks. Crude Oil Inventories. The M2 Supply is expected to hit another all-time high, but the PMIs may show strength, strengthening the dollar. We predicts a red day as the dollar firms.
Prediction: $79,000~$81,000
Direction: 🟥Bearish
Thursday, 24 Sep: 🟨 Sideways. Japan returns from holiday. Initial Jobless Claims expected to rise, a dovish signal. New Home Sales expected to increase, but this is delayed inflation. The data is mixed. We expects a slow, sideways day.
Prediction: $80,000~$81,500
Direction: 🟨Sideways☕️
Friday, 25 Sep: 🟩 Green. China holiday. Durable Goods Orders expected to fall, a dovish signal for the dollar. The data may be distorted by defence spending, but the headline miss is dollar-negative. We expects a green day with Bitcoin rising.
Prediction: $80,500~$82,500
Direction: 🟩Bullish
Saturday, September 26
Analysis: Weekend. No data. Markets closed. Geopolitical headlines may emerge. Rest well.
Prediction: $80,500~$82,000
Direction: 🟨Sideways☕️
Sunday, September 27
Analysis: Weekend. No data. Markets closed. Geopolitical headlines may emerge. Rest well.
Prediction: $80,500~$82,000
Direction: 🟨Sideways☕️
Bias: The structural bull case remains intact. The Fed hiked rates but Bitcoin and gold held firm, confirming the "FOMC cannot strengthen DXY" narrative. The dollar may be printing behind the scenes. This week is relatively quiet on data, but war premiums could cause volatility. Dips should be bought. Risk management is key.
NFA DYOR 🔥
Not a futures signal🛑
$ETH $BNB #macroeconomy #InitialJoblessClaims #durablegoods #Holiday