Predictūm X — The Most Powerful Indicator
🇺🇸 KEY U.S. MACRO EVENTS THIS WEEK: TUESDAY 10:00 AM ET — Existing Home Sales WEDNESDAY 8:30 AM ET — CPI 8:30 AM ET — Core CPI THURSDAY 8:30 AM ET — Initial Jobless Claims 8:30 AM ET — PPI 8:30 AM ET — Core PPI FRIDAY 8:30 AM ET — Retail Sales 10:00 AM…
US Core CPI YoY came in at 2.5%, matching forecasts and easing from 2.6% previously. The print suggests underlying inflation pressures continued to cool on an annual basis, aligning with expectations. Markets will parse the data within broader macro inflation trends.
⚡️ Key Economic Events This Week:
Tuesday - July Housing Starts data, July Pending Home Sales data
Wednesday - Fed Meeting Minutes
Thursday - August Philly Fed Manufacturing Index
Friday - August S&P Global Services & Manufacturing PMI data
The S&P 500 has climbed +13.5% since the start of the year.
Will the Fed minutes hint at a September rate cut?
Tuesday - July Housing Starts data, July Pending Home Sales data
Wednesday - Fed Meeting Minutes
Thursday - August Philly Fed Manufacturing Index
Friday - August S&P Global Services & Manufacturing PMI data
The S&P 500 has climbed +13.5% since the start of the year.
Will the Fed minutes hint at a September rate cut?
Gm and happy Wednesday! ☕️
$BTC Update & Hyblock Heatmaps
+7% daily candle for Bitcoin, 17% for ETH. Finally, we're back!
BTC broke range high in a blink and just needed some hours for the daily SMA200 - but in the end, it is holding above.
Think the next real resistance is the box. We should have a quick bullish retest of one of the levels below after this pump.
But the real question comes in the box. 72k area is my target for some time as you know. Will look for shorts there.
But if 72k area holds, it's time to aim for 82k. Check chart.
Absolutely not sure whether we see a hard rejection at 72k and get new lows or if we get a higher high above 82k and see bull and new highs.
Btw, nobody knows for sure. Ignore everyone who is talking with 100% conviction.
Stay tuned for some exciting weeks!
$BTC Update & Hyblock Heatmaps
+7% daily candle for Bitcoin, 17% for ETH. Finally, we're back!
BTC broke range high in a blink and just needed some hours for the daily SMA200 - but in the end, it is holding above.
Think the next real resistance is the box. We should have a quick bullish retest of one of the levels below after this pump.
But the real question comes in the box. 72k area is my target for some time as you know. Will look for shorts there.
But if 72k area holds, it's time to aim for 82k. Check chart.
Absolutely not sure whether we see a hard rejection at 72k and get new lows or if we get a higher high above 82k and see bull and new highs.
Btw, nobody knows for sure. Ignore everyone who is talking with 100% conviction.
Stay tuned for some exciting weeks!
❤4
Gm and happy Friday! ☕️
$BTC Update & Hyblock Heatmaps
These are the days we are here for!
Bitcoin doing Bitcoin things and pumping through all key levels on a real breakout backed by volume.
The correction will come 100%, but if BTC could hold the daily 200 moving averages on htf closes, that would be another sign of real strength and a base to attack the low 80s region to set in a higher high.
Expecting a correction before low 80s. That will tell us more about the meaning of the current move.
$BTC Update & Hyblock Heatmaps
These are the days we are here for!
Bitcoin doing Bitcoin things and pumping through all key levels on a real breakout backed by volume.
The correction will come 100%, but if BTC could hold the daily 200 moving averages on htf closes, that would be another sign of real strength and a base to attack the low 80s region to set in a higher high.
Expecting a correction before low 80s. That will tell us more about the meaning of the current move.
BTC Update & Hyblock Heatmaps
Bitcoin with a very strong daily close!
A weekly close above the daily 200 MAs and the 75.6k key level would be very bullish for the next weeks.
BTC will def retest at least one of the lower supports in a quick wick. But seeing this continued strength, it's hard to imagine that we won't see an attempt to break 82.5k in the next days.
High timeframe closes are super important from here cause they often tell the difference: is it just a liquidity grab (usually quick wick to hit the orders) or is it a new trend in the beginning.
Bitcoin with a very strong daily close!
A weekly close above the daily 200 MAs and the 75.6k key level would be very bullish for the next weeks.
BTC will def retest at least one of the lower supports in a quick wick. But seeing this continued strength, it's hard to imagine that we won't see an attempt to break 82.5k in the next days.
High timeframe closes are super important from here cause they often tell the difference: is it just a liquidity grab (usually quick wick to hit the orders) or is it a new trend in the beginning.
❤2
BTC Update & Hyblock Heatmaps
Bitcoin taking a small breather during weekend, would interpret this as pennant or bull flag in the making so far.
Usually, continuation is simple and next target is 82k area, but after a move like this, be careful and expect a nasty wick down to low 70s anytime. We should get a retest of the moving averages at some point.
All eyes on the weekly close today, need to close above the MAs and ideally above the 75.6k key level.
Enjoy your Sunday and see you soon!
Bitcoin taking a small breather during weekend, would interpret this as pennant or bull flag in the making so far.
Usually, continuation is simple and next target is 82k area, but after a move like this, be careful and expect a nasty wick down to low 70s anytime. We should get a retest of the moving averages at some point.
All eyes on the weekly close today, need to close above the MAs and ideally above the 75.6k key level.
Enjoy your Sunday and see you soon!
BTC Update & Hyblock Heatmaps
Extremely strong weekly close for Bitcoin. Ethereum already broke structure and flipped htf bullish.
We could retest MAs / low 70s at some point, but not necessarily now.
Targeting still 82k area as last swing high. Break above this and we enter pre-bull. Not there yet, but vibes are coming in extremely bullish.
Best for on-chain and altcoins would be BTC ranging for some weeks between low 70s and 82k and then break it, let's see!
Have a great start into the new week and see you soon!
Extremely strong weekly close for Bitcoin. Ethereum already broke structure and flipped htf bullish.
We could retest MAs / low 70s at some point, but not necessarily now.
Targeting still 82k area as last swing high. Break above this and we enter pre-bull. Not there yet, but vibes are coming in extremely bullish.
Best for on-chain and altcoins would be BTC ranging for some weeks between low 70s and 82k and then break it, let's see!
Have a great start into the new week and see you soon!