Understanding Recession Risks & Global Commodity Trends: Impact on Bitcoin (BTC) and Cryptocurrency Market
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Navigating Shifting Sands: Recession Risks and Global Commodity Trends
- Recent indicators point to a surprising decrease in the risk of recession, with the ‘Macro Fever Curve’ dropping from 100% to 86% and the ‘Heart Beat’ falling from 83% to 74%.
- These shifts have significant implications for trading in precious metals, with a notable contrast between activity in Shanghai and London/Chicago.
- While Chinese investors have eased their buying frenzy, Western investors appear to be quietly accumulating assets, potentially indicating short covering.
Explore the latest shifts in global commodity trends and recession risks, and understand how these changes are influencing trading in precious metals across different markets.
Recession Risks: A Surprising Downward Trend
Despite the outcome of last Friday’s US labor market data, our indicators for the risk of recession have fallen surprisingly over the past few days. The ‘Macro Fever Curve’ fell from 100% recession risk to 86%, and the ‘Heart Beat’, which t... Read the full article for FREE at COINOTAG!
12d ago•
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bearish:
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