Anticipated Bitcoin Volatility Due to Key Economic Data Releases
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According to CryptoMichNL, this week is significant for Bitcoin traders due to the release of crucial macro-economic data. The schedule includes Retail Sales on Tuesday, the Federal Reserve meeting and FOMC decision on Wednesday, GDP, Bank of Japan, and GBP monetary decisions on Thursday, and PCE prices on Friday. These events are expected to introduce considerable volatility in Bitcoin prices.
SourceMichaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast