BTC - 9/24/2024
Historically, unemployment and inflation tend to alternate each other- hence the Philips inversion curve and other trading philosophies.
Inflation is not necessarily under check in my opinion, but retail and establishments are eyeing up entries here as central banks like the ECB, BOJ, and Fed start cutting their interest rates as job numbers have arguably seemed to look good. In any case, I see cash injections in the economy and eased lending leading to some faith for a bullish scenario.
The last time inflation and unemployment alternated severity, it caused a pretty substantial drop in BTC prices before a super-cycle.
I'm bullish on the cycle overall.
Inflation is not necessarily under check in my opinion, but retail and establishments are eyeing up entries here as central banks like the ECB, BOJ, and Fed start cutting their interest rates as job numbers have arguably seemed to look good. In any case, I see cash injections in the economy and eased lending leading to some faith for a bullish scenario.
The last time inflation and unemployment alternated severity, it caused a pretty substantial drop in BTC prices before a super-cycle.
I'm bullish on the cycle overall.
Note
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.