Initial Jobless Claims are still high.
Yesterday, the actual data was same to the forecast. The tendency of it is still upward.
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.
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.
嗯嗯