Has the bottom of Bitcoin been built? Economic data tonight will determine the trend of BTC!

1. Bitcoin (BTC) trend analysis

At the 1-hour level, Bitcoin's downward trend may be coming to an end. The current trend may mark the beginning of the bottom, however, it cannot be ruled out that it is just a continuation of the downward trend.

2. Key economic data to be released soon

A series of key economic data will be released tonight. Although these data are highly volatile, their impact on the cryptocurrency market cannot be ignored. If the data performs poorly, especially if the job market deteriorates further, this may enhance the market's expectations for a 50 basis point rate cut, which will have a positive impact on the cryptocurrency market.

3. Summary

Paying close attention to tonight's economic data may have a decisive impact on the trend of BTC. Pay attention to Jiaoshou, grasp the market trend, and make accurate investment decisions!

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