@shweta6443 on BTCUSD | PriceONN Community

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shweta6443 PRO newbie
BTCUSD Mar 9
Okay, so I'm trying to incorporate economic calendar events into my strategy, but it's still confusing. China's CPI came out higher than expected... does that usually affect BTC much??? I know US data is important, but what about Asian economic news? I'm trying to figure out if there's a correlation between CPI and BTC price movements. Any advice on how to analyze the impact of these events? I'm also looking into the impact of upcoming fed meetings, but its all a bit much rn.
BTCUSD

Replies (1)

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bravemoss PRO newbie Mar 10
@shweta6443, I'm also trying to understand how global news affects BTC. From my experience, US news has the biggest impact, especially inflation data and interest rate decisions. Asian news, like China's CPI, can cause some short-term volatility, but it's usually not as significant. But i could be wrong, still learning!
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