The most important event of the week is undoubtedly the Bitcoin halving expected to be completed on Saturday, with mining output going from 6.25 BTC to 3.125 BTC after the halving. The halving, as the central marker of a big cycle for BTC, is monumental in its own right, and is likely to be very noteworthy in terms of the volatility it will cause in the market.
The other big hotspot this week is the Middle East conflict, and with a large number of related events and statements expected this week, there is an expectation of significant volatility across the speculative markets, and the odds are that it will be full of trading opportunities.
🌟 Heavyweight Events of the Week:
Monday 4/15 *
💼 US Monthly Retail Sales for March
💼 Hong Kong SFC announces the first list of spot bitcoin ETFs to the public
Thursday 4/18**
💼 Fed releases brown book on economic conditions
💼 US Initial Jobless Claims
🔔 TOKEN2049 to be held in Dubai
Friday 4/19 *
📝 Coinbase files interlocutory appeal of US SEC lawsuit
Saturday 4/20 ****
🔎BTC expected to complete halving
📌Crypto Market Outlook:
Bitcoin and the cryptocurrency market as a whole has experienced a deep pullback over the past week, with most of the torrents close to "halving", but cryptocurrencies led by Bitcoin are seeing an overall rebound today, with Dvol back up to 71%, and with BTC expected to halve on Saturday, Sell the news may be in play again, and with the conflict in the Middle East now showing signs of improvement. Combined with the fact that the Middle East conflict is now showing signs of improvement, short vega is the better trading strategy.
📌 On the crypto rate market, Bitfinex spot big players are relatively slow to plunge this time, the green leaf rate market can be aggressively traded when it encounters the right rate orders, and there may be surprises using the high interest model.
The other big hotspot this week is the Middle East conflict, and with a large number of related events and statements expected this week, there is an expectation of significant volatility across the speculative markets, and the odds are that it will be full of trading opportunities.
🌟 Heavyweight Events of the Week:
Monday 4/15 *
💼 US Monthly Retail Sales for March
💼 Hong Kong SFC announces the first list of spot bitcoin ETFs to the public
Thursday 4/18**
💼 Fed releases brown book on economic conditions
💼 US Initial Jobless Claims
🔔 TOKEN2049 to be held in Dubai
Friday 4/19 *
📝 Coinbase files interlocutory appeal of US SEC lawsuit
Saturday 4/20 ****
🔎BTC expected to complete halving
📌Crypto Market Outlook:
Bitcoin and the cryptocurrency market as a whole has experienced a deep pullback over the past week, with most of the torrents close to "halving", but cryptocurrencies led by Bitcoin are seeing an overall rebound today, with Dvol back up to 71%, and with BTC expected to halve on Saturday, Sell the news may be in play again, and with the conflict in the Middle East now showing signs of improvement. Combined with the fact that the Middle East conflict is now showing signs of improvement, short vega is the better trading strategy.
📌 On the crypto rate market, Bitfinex spot big players are relatively slow to plunge this time, the green leaf rate market can be aggressively traded when it encounters the right rate orders, and there may be surprises using the high interest model.