Bitcoin turns the bear before releasing economic data on American economic data: what is next?

A formal announcement as soon as 11 or 12. February, with steel tariffs that eventually take effect even 10. February.

1. February, the United States has imposed 25% tariffs on imports from Canada and Mexico and 10% on Chinese goods, rattling Global financial markets – including crypt.

As the feeling stabilized somewhat after the temporary return of these tariffs, the markets remain fragile, waiting for clarity at the following steps.

Another regarding the sign is that MACD is 12.26, a wide used swing indicator, first turned negatively since October 2024. Years.

The moving average divergence measures the difference between the two transition average – 12-a day and 26-day exponential movement of the accumulated average – to monitor the shifts of the moments.

The last time the MACD became negative in April 2024. years; That’s how he stayed for about six months. During that period, Bitcoin fell from $ 64,000 in late $ 49,000 to August 2024. year, a drop of 23%, before the trend finally turned over.

Now, with macro rigils that collect and key economic data for issuance could be Bitcoin back their strength and push back to six figures, or is the upcoming correction?

Great week for economic data

The fate of Bitcoin this week hangs in balance as a noise of key economic data approaches. With inflation numbers, the updates of the labor market and federal reserve that are all set to fall in the coming days, investors are highly careful.

Any point of data has the potential to transfer the market feeling, expectations in influence and dictates the next great move for risky assets, including crypto.

CPI inflation report

Markets will receive its first main macro trigger at 8:30 and on Wednesday from 12. February, when the report on indices of consumers for January is published. CPI, a key inflation meter, measures the cost of living and investors know it.

Analysts predict That consumer prices increased by 2.9% oversized, the same rate as in December. Meanwhile, the CPI core, which excludes all volatile food and energy prices, it made it easier to 3.1% of 3.2% in December.

On a monthly-month, the total CPI is projected at 0.3% in January, from 0.4% in December. However, Core CPI is believed to rise to 0.3% of the previous 0.2%.

The CPI Inflation Swaps for January currently indicates an increase of 2.9% CPI header, alignment with analysts expectations.

However, if the actual figure falls below these expectations, markets can prices in additional rates from the American federal reserve, which could lead to a weaker dollar and can also enhance both risky funds, such as bitcoin.

On the other hand, if inflation remains persistent or exceeding expectations, it could call Feds to slow or pause its facilitated cycle. This outcome would probably strive for risky funds performance, including cryocurrency such as bitcoin.

Powell’s testimony holds the key

All eyes will be on the Jerome Powell Federal Spare Chair testify Before Congress 11. until 12. February, offering the latest insights into monetary policy.

Hearing, hosting the Banking Committee, Housing and urban affairs, is part of the semiannian report of the Congress Monetary Policy, where Power will deal with economic conditions, inflation and interest rates.

Markets are looking at any hint of the next FED move. Since September 2024. The Central Bank has reduced rates for 100 basic points, bringing them to 4.25% -4.50% as inflation cooled from its 2022 Highs.

However, Powell warned that the fight against inflation was not over. If it signs the slower pace of cutting rates, the American dollar could strengthen, putting pressure on Bitcoin. In contrast, any indication of reducing can be accelerated to be able to start the Bullish Momentum for crypto and supplies.

Job-free receivables and prices

The following key release is arriving in th., 13. February, with the initial report on jobless requirements and the manufacturer’s price index.

Requests for unemployed offers will offer a new review of the labor market. Last data from the last week of January shown Initial requirements that increase to 219,000, above expectations, while constant receivables climbed 1.88 million.

Data suggests slight softening in the labor market, in accordance with the expectations that higher rates slower economic activity.

At the same time, the PPI data will provide insight In wholesale inflation, which often signals future consumer price trends. If the manufacturer’s prices continue to cool, it could strengthen the opinion that inflation alleviates, strengthen the case for further reducing the rates of feeding rates.

However, if PPI comes to higher than expected, markets can see him as a sign that inflation risks still exist, which has requested more cautious prospects.

Demand for sales and consumer strength

The final main point of data arrives 14. February. With the release of American retail data.

Consumer consumption is a key driver of economic growth, and the report will show whether households will remember or continue to spend more interest rates.

Slowing sales in retail could signal the weakening of economic conditions, strengthening Fed case for an additional grade – potential benefit Bitcoin.

In contrast, if consumption remains strong, it can suggest that inflationary pressures remain, making more fabricious and holding firm liquidity, which could be cylinded.

Volatility presented?

CRIPTO Analysts Diminish the next step in Up Bitcoinov, as a key week takes place, with economic data and on the Fenjevo signals set to break in market feelings.

Michael Van de Poppe stays firmly in the Bakarian camp, suggesting that Bitcoin could test $ 105,000 this week and probably breaks into new all weathers before it ended.

His optimism of hinge on macro conditions in Bitcoin’s favorites – meaning that inflation must show further cooling, and Powell must leave the door open to reduce the rate that will come earlier.

If markets feel that liquidity conditions will alleviate faster than expected, Bitcoin could quickly reverse her recent losses and climb back to six figures.

But not everyone is convinced that the market is still ready for the second leg.

Analysts The decoding warns that $ 91,000 is a key level to view, and if Bitcoin does not retain, the drop could be fast and steep, pulling prices at $ 70,000 before any significant recovery.

Until he believes that the bull cycle is over, it suggests that Bitcoin can be extended and a more complex move, and not right versed upward.

So, with a weekly packed full of potential market events, traders should be ready for sharp swings in any direction.