GM Market Briefingâ
$BTC Outlook (UTC 0):
đ©01:00â09:00 â watch Yen/Yuan; if Yen nears 160 â BoJ intervenes â DXY weakens
đ„09:00â13:30 â red
đ©13:30â16:00 â NFP drop expected â if DXY still rises, we need more liquidity
đ„16:00â18:00 â red (market makers being trash)
đ©18:00â00:00 â green⊠but will AMs with 1M+ BTC finally buy? They need exit liquidity too.
Bitcoin down -50%+ (126K â 61K). Worse than pandemic?
Look at the
ADP collapsedLayoffs up 205%Bankruptcies > pandemic peakJOLTS job openings crashedClaims soaringInflation still below 2%Rates stuck at 3.5%NFP forecast: weak 68KM2 at ATH, RRP ignored
Previous bear: -80%. Now: -50%.
RSI = 15 â 3rd lowest ever.
$ETH $PAXG #MarketCorrection #WarshFedPolicyOutlook #ADPDataDisappoints