Bitcoin / TetherUSSatış
BTCUSDT
Within the framework of an initial diagonal, I'm looking for a short in wave 4.
Today, the final US GDP data for Q2 was released. The US economy grew by 3.0% year-over-year in Q2 2024, in line with the second estimate and above the revised 1.6% growth in Q1. This is a significant positive for the markets, as the main fear for investors right now is a recession. Therefore, any signs of economic resilience are seen as very positive.
Risk assets rallied both before and immediately after the macro data release, but in the coming hours, we might see a "sell the fact" reaction.
However, I believe this is a temporary phenomenon, likely aimed at pulling more short-term players into short positions, only to fuel a new upward impulse later.
Today, the final US GDP data for Q2 was released. The US economy grew by 3.0% year-over-year in Q2 2024, in line with the second estimate and above the revised 1.6% growth in Q1. This is a significant positive for the markets, as the main fear for investors right now is a recession. Therefore, any signs of economic resilience are seen as very positive.
Risk assets rallied both before and immediately after the macro data release, but in the coming hours, we might see a "sell the fact" reaction.
However, I believe this is a temporary phenomenon, likely aimed at pulling more short-term players into short positions, only to fuel a new upward impulse later.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.