Powell tonight after seeing 2.9% Q3 GDP...!!! 😂
Photo: Twitter
Bitcoin looks like pumping into Powell speech. Bad GDP number held so very possible hawkish Powell won’t matter to the casino. Seems immune to bad news at this level. Will get nuked, just a question of how high. Until stops run out I suppose. Just a Ponzi at this point - this trader tweets
$btc looks like pumping into Powell speech. Bad gdp number held so very possible hawkish Powell won’t matter to the casino. Seems immune to bad news at this level. Will get nuked, just a question of how high. Until stops run out I suppose. Just a ponzi at this point. pic.twitter.com/VMCVUoIrsQ
— 11/11/11 We Remember (@invernere) November 30, 2022
Big volatility is expected
The next 3 days is completely filled with market moving events: From Powell's speech, ADP employment, GDP, PCE price index, payrolls, to unemployment rate, and a lot more. Most data will be out before market open but a few will be after market open.
Big volatility is expected tomorrow:
— Doctor Profit 🇨🇭 (@DrProfitCrypto) November 29, 2022
- Prelim GDP
- Monthly Close
- FED Powell speaks
- Sam + Ukrainian president Zelensky and other US officials speaking
Be like water, volatility is your friend. In case of a #Bitcoin dump I will be prepared, placing buy orders at $15.900. pic.twitter.com/aQIvV2izG9