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This week is going to be very interesting for crypto.
A lot of macro events are set to happen, which will cause insane volatility.
1️⃣ 16th December
➨ November unemployment data, Oct. and Nov. non-farm payrolls data, 2 Fed speakers will deliver a speech
2️⃣ 17th December
➨ 3 Fed speakers will deliver a speech
3️⃣ 18th December
➨ CPI and Core CPI data will be released
4️⃣ 19th December
BOJ will announce its interest rate decision, Trillions in stock and ETF options will expire
The reason this week is so important is because both inflation and job data are coming.
If inflation shows cooling signs while the labor market stays weak, January rate cut odds will spike.
Any signs of heating inflation or labor market getting better mean no rate cut next month.
Also, BOJ interest rate decision is important, as the last 3 rate hikes have resulted in a market crash, and this time, BOJ is set to do a rate hike again.