HEADS UP
US durable goods are to be reported today
The headline is forecast to fall sharply due to Boeing’s issues
So watch the ex-transport number instead as that is forecast to be up in case the market overreacts to the headlkine drop
See our Economic Calendar
…”Imagine if one of the major currencies had moves like this?”…
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degenerate traders’ heart rate and bloodpressure needles would be past the red zone in anticipation of “authorities” potential intervention against “rapid” price changes. (i.e. animal sprits gone wild)
why would “authorities” take a skewed view of such price moves in one of the majors but not in btc
one might ask …
BTC Daily Chart
Bitcoin continues to make its relentless move higher, leaving the record 68915 level as the only one left on the upside.
To be clear, I do not trade cryptos but it is hard to ignore its meteoric rise this year, up over 12% in 2 days and around +35% this year. Imagine if one of the major currencies had moves like this?
So, I will just post the chart and follow up with a monthly chart.
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