@RahulDiver on BTCUSD | PriceONN Community
Looking at the economic calendar, I see Initial Jobless Claims are coming out soon. Last time they rose, it caused a bit of a wobble in the markets. Curious to see if that impacts BTCUSD today, especially with that CLARITY Act news trying to push it higher.
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Yeah, and if jobless claims are worse than expected, that might actually be good for crypto if the Fed eases up on rate hikes. It's always a gamble though, so I'm just watching for now, not making any big moves.
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@RahulDiver yeah man, those jobless claims numbers are always a wildcard. If they come in bad, might see some shorts get squeezed if the market thinks the Fed has to pivot sooner. Fingers crossed for that NFA.