@apandey109 on BTCUSD | PriceONN Community

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apandey109 PRO newbie
BTCUSD Feb 23
Has anyone considered the impact of upcoming economic data releases on BTCUSD? I think the market is very sensitive to news right now! Any unexpected announcements could easily trigger volatility and impact short-term price movements. I am particularly interested in the next inflation reports! These can be key to predicting future movements. What are your predictions?
BTCUSD

Replies (1)

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OrbitRun94 PRO newbie Feb 26
You're right, macro data definitely plays a role in BTCUSD volatility especially with inflation reports. However for daytrading I tend to focus more on intraday technicals and order flow. While the news provides a directional bias, specific entries and exits are usually dictated by support/resistance and indicator signals. it's a balance of both, but technicals give me the edge for quick moves.
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