📅 $BTC This week has some risky appointments — let me break it down for you.
Price isn't just driven by the crypto market. It’s influenced by the Fed, inflation, and macro data. Here’s what’s coming up 👇
🗓️ Events you need to watch:
🔴 Wednesday — THE MOST IMPORTANT Triple dose of inflation: UK and Eurozone CPI and PPI + release of the FOMC minutes. If the minutes sound more hawkish than expected → dollar goes up → $BTC under pressure.
🟡 Thursday Preliminary US GDP + PCE inflation index, the Fed’s favorite indicator. Any deviation will immediately reset rate expectations.
🟠 All week The next big data is CPI ahead of the FOMC meeting on June 16-17 — Warsh’s first as Fed Chair. The markets have already ruled out cuts in June. Now the question is: will there be a hike?
📉 The context: BTC reacts to CPI through the rate expectation channel, not just by inflation itself. A hot data point pushes cuts away, strengthens the dollar, and pressures crypto.
Historically, $BTC has dropped after 8 of the last 9 Fed decisions, with an average decline of 5.6%.
⚠️ High volatility week. Not the time to leverage. It’s time to stay informed. 👀
Are you following the economic calendar or just the price? 👇
#Bitcoin #BTC #Macro #Fed #fomc
Price isn't just driven by the crypto market. It’s influenced by the Fed, inflation, and macro data. Here’s what’s coming up 👇
🗓️ Events you need to watch:
🔴 Wednesday — THE MOST IMPORTANT Triple dose of inflation: UK and Eurozone CPI and PPI + release of the FOMC minutes. If the minutes sound more hawkish than expected → dollar goes up → $BTC under pressure.
🟡 Thursday Preliminary US GDP + PCE inflation index, the Fed’s favorite indicator. Any deviation will immediately reset rate expectations.
🟠 All week The next big data is CPI ahead of the FOMC meeting on June 16-17 — Warsh’s first as Fed Chair. The markets have already ruled out cuts in June. Now the question is: will there be a hike?
📉 The context: BTC reacts to CPI through the rate expectation channel, not just by inflation itself. A hot data point pushes cuts away, strengthens the dollar, and pressures crypto.
Historically, $BTC has dropped after 8 of the last 9 Fed decisions, with an average decline of 5.6%.
⚠️ High volatility week. Not the time to leverage. It’s time to stay informed. 👀
Are you following the economic calendar or just the price? 👇
#Bitcoin #BTC #Macro #Fed #fomc