Bitcoin smashed a 24% gain in August to clear $78k for its best month in two years, but macro reality is about to crash the party this Friday. With Fed rate-hike odds already pricing in at 66% after Jackson Hole, a hot jobs report will give the Fed a green light to tighten screws, sucking the liquidity right out of this rally. We are officially one bad economic print away from a major local top.
Will you hedge or buy the dip?
Source: IB Times
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments