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2024-08-02 22:28:37

Bitman on Nostr: Time to start following macro indicators again. After 2 years of an inverted yield ...

Time to start following macro indicators again.

After 2 years of an inverted yield curve, the latest American employment data seems to show that the recession has finally arrived.

US interest rates are likely to fall, allowing the FED to cut rates. M2 is already showing signs of resuming growth.

Stay alert as there is a good possibility of short-term corrections in Bitcoin, but the mid-term outlook is excellent. 2025 is set to be a historic year.


🚨 Extremely unfavorable unemployment data in the United States.

Increased chances of changes in the FED's monetary policy, but also growing fears of an impending recession.

Unemployment rate came in higher than expected, at 4.30%, and Payrolls were lower, at 114,000.

Market alert.

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npub1z204rz2az24ne8xuym9j90dmnh533e03elucjslnsc802wjyrqps6vmxwn