Since Apr 2022, U.S. 🇺🇸 unemployment rate is ATH.
It's been 17 months. The unemployment rate surged this month. The Fed tends to cut the Federal funds rate after reaching 4.5% of the unemployment rate. It looks like the 1st signal of freezing the interest rate.
As time goes by, when the interest rate peaks, the unemployment rate is getting more important than CPI(Consumer Price Index).
I think we're encountering the next recession within 5 months. We would be difficult to avoid the next recession. But, before the next recession, I hope to see a weak bullish market for both Bitcoin(BTC) and altcoins. I just wanna enjoy the weak bullish market before Doomsday.
Thank you for sharing research to analyze macro indicators and predict markets. I hope many people who read this article take a positive view of crypto investment😍
Your welcome, I appreciate that!
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Things are going to worse for sure. So many people are blind to it and on the flip side I think we will see a bull run especially with the BTC halving :)
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