๐ US Core PCE Data: Key for Bitcoin's Next Move
The US Core PCE Price Index, the Fedโs preferred inflation gauge, will be released on March 28th and is set to impact market liquidity and future interest rate decisions.
๐ Market Expectations:
- Forecast: 2.7% YoY (Prev: 2.8%)
- If higher than 2.8%, it could reinforce the Fedโs "higher for longer" rate stance, pressuring risk assets like crypto.
- If lower than expected, expectations of #Fed rate cuts may strengthen, boosting Bitcoin and other assets.
Favorable data could push $BTC to test $89,000 - $90,000.
Weak data may trigger a retracement to $76,500 - $80,000.
Whatโs your take on the upcoming PCE data? Will it fuel a #Bitcoin rally or bring a pullback?
About Bitunix ๐
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The US Core PCE Price Index, the Fedโs preferred inflation gauge, will be released on March 28th and is set to impact market liquidity and future interest rate decisions.
๐ Market Expectations:
- Forecast: 2.7% YoY (Prev: 2.8%)
- If higher than 2.8%, it could reinforce the Fedโs "higher for longer" rate stance, pressuring risk assets like crypto.
- If lower than expected, expectations of #Fed rate cuts may strengthen, boosting Bitcoin and other assets.
Favorable data could push $BTC to test $89,000 - $90,000.
Weak data may trigger a retracement to $76,500 - $80,000.
Whatโs your take on the upcoming PCE data? Will it fuel a #Bitcoin rally or bring a pullback?
About Bitunix ๐
Website ๐ | Twitter ๐ฆ
Instagram ๐ธ | TikTok ๐ฅ
Telegram โ๏ธ | Download ๐ฅ
๐4โค2๐1
Bitunix Analyst:
Fed Independence Backed by GOP
Sen. Kennedy defends Powell, saying he has "tiger blood" and wonโt bow to political pressureโeasing fears of interference.
๐ Rate Cut Bets Rise, CME FedWatch:
May Hold Likely โ 86.8%
June Cut Heating Up โ 75%+ expect 25bps cut
$BTC traders eye macro signals before taking positions.
Resistance: $86K, Support: $83K, Long-term: $76K
Weakening $USD could favor crypto momentum.
#BitunixAnalyst #Fed #Powell
About Bitunix ๐
Website ๐ | Twitter ๐ฆ
Instagram ๐ธ | TikTok ๐ฅ
Telegram โ๏ธ | Download ๐ฅ
Fed Independence Backed by GOP
Sen. Kennedy defends Powell, saying he has "tiger blood" and wonโt bow to political pressureโeasing fears of interference.
๐ Rate Cut Bets Rise, CME FedWatch:
May Hold Likely โ 86.8%
June Cut Heating Up โ 75%+ expect 25bps cut
$BTC traders eye macro signals before taking positions.
Resistance: $86K, Support: $83K, Long-term: $76K
Weakening $USD could favor crypto momentum.
#BitunixAnalyst #Fed #Powell
About Bitunix ๐
Website ๐ | Twitter ๐ฆ
Instagram ๐ธ | TikTok ๐ฅ
Telegram โ๏ธ | Download ๐ฅ
๐ฅ3โค1
The Federal Reserve has joined the OCC and FDIC in reversing previous crypto-related guidance, leaving U.S. banks to manage digital asset activities internally. This shift opens the door for innovation but also leaves the industry waiting for new laws from Congress to define how crypto should operate in the U.S.
#Fed #Crypto #BTC #Bitunix
About Bitunix ๐
Website ๐ | Twitter ๐ฆ
Instagram ๐ธ | TikTok ๐ฅ
Telegram โ๏ธ | Download ๐ฅ
#Fed #Crypto #BTC #Bitunix
About Bitunix ๐
Website ๐ | Twitter ๐ฆ
Instagram ๐ธ | TikTok ๐ฅ
Telegram โ๏ธ | Download ๐ฅ
๐2๐ฅ1
FOMC Meeting Today โ All eyes on the Fed
Interest rate decisions impact global liquidityโand crypto is no exception.
A hawkish stance (higher rates) may trigger a market pullback.
A dovish tone (rate cuts or pause) could boost risk appetite and send crypto higher.
Why it matters:
Crypto markets react fast to macro shifts. Traders who stay informed move first.
๐ข Stay tuned to the outcomeโand get ready to trade the volatility on Bitunix!
#FOMC #FED #Powell #InterestRates #macro
Interest rate decisions impact global liquidityโand crypto is no exception.
A hawkish stance (higher rates) may trigger a market pullback.
A dovish tone (rate cuts or pause) could boost risk appetite and send crypto higher.
Why it matters:
Crypto markets react fast to macro shifts. Traders who stay informed move first.
๐ข Stay tuned to the outcomeโand get ready to trade the volatility on Bitunix!
#FOMC #FED #Powell #InterestRates #macro
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The Fed just hinted at a possible rate cut later this year โ and markets are already reacting. ๐
Powell didnโt say it directly, but his dovish tone rattled the dollar and sparked risk-on momentum.
#Bitunix Analysts say $BTC is now focused on holding above $105K โ a push toward $110K+ could follow.
But if the dollar bounces back, $102.7K becomes the line in the sand. โ ๏ธ
With the next FOMC meeting just weeks away, smart traders are already positioning.
#Fed #Powell #Bitcoin
Powell didnโt say it directly, but his dovish tone rattled the dollar and sparked risk-on momentum.
#Bitunix Analysts say $BTC is now focused on holding above $105K โ a push toward $110K+ could follow.
But if the dollar bounces back, $102.7K becomes the line in the sand. โ ๏ธ
With the next FOMC meeting just weeks away, smart traders are already positioning.
#Fed #Powell #Bitcoin
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