Bitcoin smashed a 24% gain in August to clear $78k for its best month in two years, but macro reality is about to crash the party this Friday. With Fed rate-hike odds already pricing in at 66% after Jackson Hole, a hot jobs report will give the Fed a green light to tighten screws, sucking the liquidity right out of this rally. We are officially one bad economic print away from a major local top.
Will you hedge or buy the dip?
Source: IB Times
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