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Kriptoloji
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I’ve been saying
$BB
for a while, and it started today with a 20% pump. Are we ready? 🔥🔥
#BinanceLaunchpoolBIO
Kriptoloji
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Bullish
$BB A few hours brought a 20% profit. Anyone who took advantage of it?
#BTCNextMove $BTC
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Employment Data and Market Impact: A Critical Lead-Up to the FED Meeting The recently released ISM and JOLTs data confirmed the strength of employment, causing significant market fluctuations. Strong employment figures are raising concerns about upward pressure on inflation, negatively impacting risk assets while providing support to the dollar index. #USJobsSurge256K This development also puts the two interest rate cuts expected later this year at risk. As the FED prioritizes combating inflation in its monetary policy, robust employment data diminishes the likelihood of rate cuts. All eyes are now on the crucial #FED meeting on January 29. How the FED addresses strong labor market trends and inflationary pressures will be pivotal for its policy decisions. Investors should prepare for heightened volatility in the coming weeks. $BTC
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$BTC chart, a positive divergence in the RSI indicator is observed on the hourly timeframe; while the price declines, the RSI rises, which is often considered a signal of potential recovery. Additionally, the RSI approaching oversold levels and the price reaching the 90,805 USD support zone indicate a possible rebound from this level. However, RSI alone is not sufficient; confirmation requires the price to hold above the support, break the downward trendline, and the RSI surpassing the 50 level. It is essential to monitor broader market conditions carefully. #USJobsSurge256K
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$BTC has retested its bottom and bounced back. Hopefully, this marks the bottom, and we can stop discussing levels below 100k. I hope we start a new upward trend in the coming days. The market has been tough, especially for altcoins, really testing our patience. Wishing you all profitable days ahead! 🌟 #AIXBT,COOKIE,CGPTOnBinance
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