Bitcoin Investing Essentials(7/22-7/28)

22 lip 2024

There is a lot of news to watch this week, first of all the most noteworthy is the opening of the Bitcoin Conference on Thursday, Trump will attend the speech, is likely to release a crypto-favorable breaking news. ETH ETF will normally be listed on Tuesday, also gave the market a lot of confidence.
Market conditions have improved significantly in the second half of July, with several coins currently in the midst of a major uptrend and bullish sentiment evident.

🌟 This week's heavyweight events:

7/22 Monday
💼 G20 finance ministers and central bankers meet

7/23 Tuesday
💼 G20 Finance Ministers and Central Bankers meet
💼 U.S. monthly retail sales for June
💼 Fidelity and 5 other spot Ether ETFs to be listed on Cboe

7/24 Wednesday
💼 Bank of Canada interest rate decision

7/25 Thursday
💼 U.S. initial jobless claims for the week
💼 Bitcoin Conference 2024 with speakers including Trump, Cathie Wood

7/26 Friday
💼 U.S. core PCE price index for June
💼 RBNZ launches consultation on digital cash
💼 2024 Paris Olympics in Paris, France

📌 Crypto Market Outlook:
The cryptocurrency market formed a deep V move in July as a result of the German government sell-off, with BTC and ETH rallying sharply in the last two weeks, and cryptocurrencies' IVs across major terms rebounding significantly, fueled by multiple positive developments, especially Bitcoin rallied nearly 15%. This week there are more popular events, choose the right IV at the right time can build a position of the current week's buy + the next week's sell calendar spreads now.

📌 Crypto rate market, Bitfinex rate market is quieter, occasionally there are good rate orders, encounter the right rate orders can be actively traded.