Five October macro events to set Bitcoin's direction
- —Oct 7: Fed minutes from the September meeting, when rates were hiked for the first time in over three years
- —Oct 14: US CPI — a hotter print would reinforce tightening bets and weigh on BTC
- —Oct 28: Fed rate decision and press conference, with elevated volatility risk
- —Oct 29: first Q3 GDP estimate and PCE index, key for December expectations
Why it matters: US macro data will drive rate and liquidity expectations, the main swing factor for Bitcoin and risk assets.
Source: Cointribune