CORE PCE DATA OUT:
YOY:
Expected: 2.9%
Actual: 2.8%
MOM:
Expected: 0.2%
Actual: 0.2%
YOY:
Expected: 2.9%
Actual: 2.8%
MOM:
Expected: 0.2%
Actual: 0.2%
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Michael Saylor says if Strategy equity trades above the net value of BTC, they sell the equity, not BTC.
But if it trades below, they may sell BTC or BTC derivatives. So saylor could sell btc if market doesn't go according to plan...
But if it trades below, they may sell BTC or BTC derivatives. So saylor could sell btc if market doesn't go according to plan...
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At Abudhabi Event, CZ says that the 4 year Bitcoin cycle might be dead & we may see a super-cycle next year..
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VERY IMPORTANT:
FOMC decision coming at 12:30 am IST.
Probability of 25 BPS interest rate cut sits at 87%..
Expect volatility..
FOMC decision coming at 12:30 am IST.
Probability of 25 BPS interest rate cut sits at 87%..
Expect volatility..
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