Economic calendar this week: A golden opportunity for bulls before the jobs report?
Hello everyone, this week we have a series of "blockbuster" economic events about to unfold. The focus is on the Non-Farm Payroll (NFP) report on Friday, with a slight increase forecasted to 55,000 jobs. That's the situation; if the actual figures show that the U.S. labor market is still struggling to recover, it will be a very good boost for the sentiment towards risky assets like Bitcoin.
In particular, the ECB and the Bank of England are likely to keep interest rates unchanged, creating a stable macroeconomic buffer. With the pressure of rising interest rates no longer too intense, capital will tend to flow back to more promising investment channels. You should take advantage of the fluctuations on Wednesday (ADP report) and Thursday to observe attractive support levels. If the job data is not too bad, this could be a launching pad for BTC to break out again. Don’t worry too much about tariff decisions, as the market usually reflects news in advance. Be patient, the opportunity is very close! $BTC #Colecolen
