#BTC☀ I think Trump effect will influence BTC Price today. Win for Trump will see rise in BTC price, rise will be temporary. Win for Kamala will see a temporary down side movement for BTC
#Near Why the Near crash! why would near drop by 12% yet #Bitcoin drops by 4%? Most traders had longed Near with lots of leverage , this drop caused lots of liquidations which had a cascading effect hence the drop by 12%. In times like this stay calm and don't panic. This volatility is good for you, #near will hit top gear this month, expect it at usdt21 per token . Note: am over exposed to near, prediction has 3% bias error
#NEAR Near token has been the best trading token by far this season . Near token volatility helps build massive accumulation by trading high and buying low. Sell high buy low model calls for Patience great timing . Folks the market has decided #Near is the trading coin for this cycle , so buy/sell and repeat 🔁
markets will be analyzing comments from the Fed this Wednesday . My bet is Powell could make a major announcement that will influence prices . $BTC . #eth #near #sol
6. 3 Fed speaker events and earnings season continues
CPI and retail sales data should be watched closely . CPI will come in much cooler according to predictive markets . retail sales could come in short. expect volatility for #Bitcoin #near #sol #eth
Key Events in USA that will affect Bitcoin and This Week:
1. CB Consumer Confidence data - Tuesday
2. JOLTs Job Openings data - Tuesday
3. Fed Rate Decision and Statement - Wednesday
4. ISM Manufacturing PMI data - Thurdsay
5. June Jobs Report - Friday
6. ~20% of S&P 500 companies report earnings
Volatility is back with a huge week ahead. Apple, Amazon, Microsoft and Meta will print earnings report this week. This events and Federal reserve comments on interest rates will be closely watched. Could go either way. Verdict: volatility which is a traders friend...
Expect volatility in the market this week , this will be action packed. will come out with CPI projection later. After crunching data; For political reasons , CPI should come in at 3.1%
PCE will come in at 2.7% confirming rates stay stagnant for now till November for a chance of a rate cut. might be a gloomy weekend ahead , trade carefully
#altcoins This Friday 31 May, April PCE (Personal Consumption Expenditures) data will be released . This will give us if inflation has cooled. Anything above 2.5% will dumpen the spirit in the market .
Nvidia earnings report will be out tomorrow and analytics shows this report will be all positive . any upward movement in earnings will boost AI tokens trending upwards as well . watch out NEAR protocol explosive moves.