The PCE index is coming out tonight; I wonder where $BTC will go đŸ”„

To be honest, analyzing macroeconomic indicators at the moment is mainly about whether the bias is bullish or bearish.

For example, if the sentiment is bullish đŸ’Ș:

- PCE index decreases => FED will lower interest rates soon => asset classes rise.

- PCE index increases => inflation is not good => currency devalues => hold safe assets (asset classes rise).

For example, if the sentiment is bearish 👎:

- PCE index decreases => inflation decreases, meaning the currency does not devalue => cash is king => cash-out.

- PCE index increases => currency devalues => FED continues to maintain high-interest rates => market crash 😂

Therefore, it's all about what the media wants to convey to you.

#Lcagency #BlockchainJob #CryptoJob #KOLcrypto