🧨 BITCOIN MACRO MOVERS 🧨 THE ONES THAT MATTER: US Trade Balance (April) at 8:30 AM ET + Existing Home Sales (May) at 10:00 AM ET. Trade Balance forecast: -56.2B (prev -60.3B) Existing Home Sales forecast: 4.07M (prev 4.02M) Wholesale Inventories also at 10 AM (~+0.5%). - Wider trade deficit / weak home sales? Imports sucking more dollars, housing still murdered by rates → economy showing cracks → Fed cut hopium builds, liquidity vibes → BTC liquidity rocket - Narrower deficit / “resilient” sales? Trade improving, housing holding → soft landing cope, dollar firmer, risk-off pressure → BTC gets tested (we stack the dip like savage maxi chads). NFIB Small Business Optimism (early) and auctions are side noise. Another day of fiat trade + housing theater while governments print endless deficits. Trade gaps and mortgage rates keep crushing normies long-term, the printer stays on standby
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