๐ฅDecember Key Data List for the Cryptocurrency Market๏ฝPay attention to these 4 nodes to avoid being caught off guard by the market!๐จ
Recently, BTC has been fluctuating close to $85,000, with over $500 million in long and short liquidations in 24 hours. We have compiled the core data events for this month; it's recommended to bookmark for tracking:
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December 16 (tonight)
โซ๏ธ21:30 US November Non-Farm Payroll Data (forecasted increase of 50,000)
โซ๏ธFrom 16:15, US/Germany/France December PMI preliminary values
๐ Strong non-farm data = hawkish expectations from the Federal Reserve = pressure on cryptocurrency prices; PMI below the threshold may trigger a flight to safe-haven assets
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December 18 20:00
โซ๏ธBank of England interest rate decision
๐ Rate hike/maintaining rates โ GBP safe-haven flows into the cryptocurrency market; rate cut โ positive for risk assets
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December 19
โซ๏ธBank of Japan interest rate decision (98% probability of raising to 75 basis points)
๐ Historical rate hikes have triggered 20%-30% fluctuations in BTC. A likely rate hike may suppress cryptocurrency prices, while if it falls short of expectations, a rebound may occur
During periods of market fluctuation, don't blindly go all-in before data is released! Controlling your position is more important than guessing the direction๏ฝ
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