Tue, Sep 17 âïž15:30 Core Retail Sales Index 15:30 Retail sales control âïž15:30 Retail Sales Volume 16:15 Industrial production volume 17:00 Volume of inventory 17:00 Retail inventory excluding automobiles 19:00 GDPNow Atlanta Fed 20:00 Auction for the placement of 20-year treasury bonds 23:30 API Weekly Crude Oil Stocks
Wed, Sep 18 15:30 Number of issued building permits 15:30 Volume of new home construction 15:30 Volume of new home construction 17:30 GDPNow Atlanta Fed âïž17:30 Crude Oil Stocks 17:30 Excess Stocks Data oil in Cushing, Oklahoma 21:00 Interest rate forecast âïž21:00 FOMC Economic Forecasts âïž21:00 FOMC Statement âïž21:00 Fed Interest Rate Decision âïž21:30 FOMC Press Conference 23:00 Volume of purchases of long-term securities TIC
Thu, Sep 19 15:30 Total number of people receiving unemployment benefits 15:30 Current account balance
âïž15:30 Initial Jobless Claims 15:30 Philadelphia Fed Manufacturing Index 15:30 Philadelphia Fed Employment Index
âïž17:00 Secondary housing sales 17:00 US Leading Economic Indicators Index 23:30 Fed's Balance Sheet
Fri, September 20 20:00 Baker Hughes Total Rig Count 21:00 Speech by FOMC member Harker
A rising wedge pattern is forming on the weekly timeframe for Bitcoin dominance. The real altcoin rally is likely to kick off once dominance breaks down from this wedge.
For now, focus on accumulating altcoins for mid- to long-term gains, and be patient as the market evolves.
The market cap of altcoins has broken through its downtrend on lower time frames, signaling potential strength. Meanwhile, Bitcoin dominance is nearing a key trendline support.
This suggests that altcoins could experience a sharp recovery, with expectations of a 12-15% rebound in the near term.