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# $BTC WEEKLY Alert🚨🚨🚨 :
In my opinion last week $BTC failed to close below the critical support level but showed significant downward movement in the following week.
The price is now approaching this key support level again. If this week's candle closes below this support, we could see a substantial decline in price, potentially followed by a retest of the broken support level.
Poll: What do you think will happen next
1. Bitcoin will close below the support level and continue to drop.
2. Bitcoin will bounce back from the support level.
3. Bitcoin will remain around the current price level without significant movement.
Write your Option in Comments
#WeekendWisdom
#WeeklyMarketHighlights #week
In my opinion last week $BTC failed to close below the critical support level but showed significant downward movement in the following week.
The price is now approaching this key support level again. If this week's candle closes below this support, we could see a substantial decline in price, potentially followed by a retest of the broken support level.
Poll: What do you think will happen next
1. Bitcoin will close below the support level and continue to drop.
2. Bitcoin will bounce back from the support level.
3. Bitcoin will remain around the current price level without significant movement.
Write your Option in Comments
#WeekendWisdom
#WeeklyMarketHighlights #week
Economic calendar
Tuesday. Tomorrow the Conference Board (CB) will announce new U.S. consumer confidence data for March. Experts expect a further decline to 101.0 in March.
Wednesday. Existing Home Sales Data On March 29, the U.S. will release its latest Pending Home Sales data. Analysts expect a -3.0% decline. Also Wednesday, you may want to pay attention to the GfK Consumer Confidence Index, which is a barometer based on 2,000 sampled respondents
Thursday. U.S. GDP (Q4) will be released on March 30. The final U.S. GDP data for the final quarter of 2022 will be released. In the last two preliminary publications, market experts missed their forecasts. Analysts now expect growth of 2.7%. Also on Thursday we will get preliminary estimates for March inflation in Germany and Spain as well as a report on the economic situation in the EU.
Friday. RCE data The main event of the week will be the Core Personal Consumption Expenditures Price Index (CPI), which will be released on Friday. Last month's RCE was better than expected at +0.6%. This time the forecast is +0.4%.
Also out Friday will be German unemployment data, Eurozone inflation and the University of Michigan index.
#calendar #week #weekly #crypto2023
Wednesday. Existing Home Sales Data On March 29, the U.S. will release its latest Pending Home Sales data. Analysts expect a -3.0% decline. Also Wednesday, you may want to pay attention to the GfK Consumer Confidence Index, which is a barometer based on 2,000 sampled respondents
Thursday. U.S. GDP (Q4) will be released on March 30. The final U.S. GDP data for the final quarter of 2022 will be released. In the last two preliminary publications, market experts missed their forecasts. Analysts now expect growth of 2.7%. Also on Thursday we will get preliminary estimates for March inflation in Germany and Spain as well as a report on the economic situation in the EU.
Friday. RCE data The main event of the week will be the Core Personal Consumption Expenditures Price Index (CPI), which will be released on Friday. Last month's RCE was better than expected at +0.6%. This time the forecast is +0.4%.
Also out Friday will be German unemployment data, Eurozone inflation and the University of Michigan index.
#calendar #week #weekly #crypto2023
