Initial Jobless Claims are still high.

in hive-103599 •  last month  (edited)

1000023478.jpg

Source: Investing.com

Yesterday, the actual data was same to the forecast. The tendency of it is still upward.

1000023476.jpg

Source: CME FedWatch Tool

The next interest rate decision is 20 days left. Definitely, it will likely be a Baby Cut. There's only one way for the interest rate to go.

2024

2021


Source: Binance exchange

Let's take a look at the BTC weekly candlesticks and MACD indicator chart. Recently, BTC price has occurred a MACD golden cross.

What happend in 2021? When BTC had a MACD golden cross that time, BTC price started surging again. So, that's the reason why this cycle entered the last phase. I expect it would last less than 1 year.

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