🚨 Tomorrow's Crypto Market Events: Get Ready for Volatility! 📊
Bitcoin Price: $99,500 (current at the time of analysis).
Key Events on February 4:
1️⃣ 12:00 PM (🇺🇸) — JOLTs Job Openings (High Impact)
Forecast: 8 million vs previous 8.098 million.
Fact > Forecast: USD strengthening (DXY↑) → pressure on BTC → correction to $97,000–98,000.
Fact < Forecast: USD weakening → BTC growth to $101,000–102,000.
2️⃣ 12:00 PM (🇺🇸) — Factory Orders MoM (Medium Impact)
Forecast: -0.8% vs previous -0.4%.
Impact: Weak data → Fed easing expectations → support for
$BTC and $ETH
3️⃣ FOC Speeches (13:00 and 16:00 PM)
Bostic and Daly: Any hint of a rate pause → BTC growth. Tough rhetoric → correction.
4️⃣ 18:30 PM (🇺🇸) — API Crude Oil Stock Change (Medium Impact)
Forecast: Stock growth → inflation expectations decline → risky assets may grow.
BTC Scenarios for Tomorrow:
Optimistic:
Weak JOLTs data + dovish Fed statements → breakout of 100,000 → target 100,000 → target 102,500.
Data within the forecast → consolidation in the range of $98,500–100,500.
Tips for Traders:
Long positions: Entry when the price holds above 99,000 to 101,000.
Short positions: Sell below 98,500 → target 98,500 → target 97,000.
Stop loss: $97,800 to minimize losses.
🚨 Hashtags:
#bitcoin #Fed #jolts #crypto #trading