Bitcoin trend analysis for Tuesday December 3, 2024 (for all in the world, USA Time. NYSE)
point announcement important for Data JOLTS :
The number of US job vacancies (JOLTS) will increase, the reason is not because the number of jobs is increasing. but because the people and markets are very optimistic about Donald Trump's administration, which will protect domestic (USA) industry and business to withstand the power of imports and business from China.
Remember, JOLTS is the data most favored by every US finance minister ("the country's economy will be good if there are lots of job vacancies"), JOLTS data can make the DXY strong.
Basically this week 2-6 December 2024 is a positive week for BITCOIN market prices.
But the positive is not because of the growth in JOLTS data (because JOLTS is already below). just note that the JOLTS data fell to 7.4, which is the lowest from previous months. So if the JOLTS data rises, it is normal and that is good, because the JOLTS data is already below.
a simple prediction for BITCOIN December 3 2024 (USA time) is:
If JOLTS rises then DXY rises, but (remember) the rise in DXY is not because of the increase in the USA economy but because the BITCOIN market is rising because of market optimism regarding Donald Trump's plan leadership (BITCOIN is a new weapon for economic USA).
that is the goal of Donald Trump being elected president of the USA: the US dollar and the USA economy will be backed up by the power of BITCOIN. USA strong not because debt as before, so the prediction is that Bitcoin prices will rise again.
Bitcoin candle prediction December 3, 2024. This is candle if you want take position for Bitcoin.