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REDDIT

BTC seems sensitive to macro data

I used to pay less attention to macro dates when trading BTC. I would mostly look at the chart, funding, and where price was sitting around support or resistance.

After this CPI move, I think that is harder to ignore. BTC pushed higher as inflation came in cooler and rate hike expectations dropped, so the trade was not just about a clean technical breakout. The macro data changed the risk appetite behind the move.

For now I’m trying to adjust around that. If CPI or FOMC is coming up, I’d rather reduce size, avoid opening a fresh leveraged position right before the release, and wait until the first reaction settles. I was watching the BTC perp on bydfii during the move. It made me more aware of how quickly the setup can change after one data comes out.

Are you also paying attention to these macro dates now? How does the data affect your strategies?