BTC Daily - What to expect from GDP data today?

25 ส.ค. 2022

As always, BTC is very stale on the days when fundamental news have to be released.
Today USA GDP data will be released to public which will provoke volatility across all financial markets

We can see that BTC accumulates power for more than 6 days, meaning that we have strength for an impulse up or down. Locally we are in triangle and trading near the upper level, seducing bulls to enter longs.

I advice you to wait until data, so you won't get trapped in unpredictable market. If you want to enter long positions, think twice as market already showed us a movement up in the morning

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