Technical analysis by Shavyfxhub about Symbol BTC: Buy recommendation (12 hour ago)

Shavyfxhub

The Jackson Hole Economic Policy Symposium is an annual, three-day conference hosted by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming. It brings together central bankers, economists, academics, and financial market participants from around the world to discuss key economic issues and monetary policy. Why Jackson Hole Matters to Traders: It is one of the most closely watched central banking events globally because top policymakers, including the Federal Reserve Chair, often signal future monetary policy directions here. Speeches and discussions at Jackson Hole can provide early hints on interest rate moves, inflation outlook, and economic strategy, which significantly influence global financial markets. Market participants anticipate policy clues that can affect currencies, bonds, stocks, and commodities, leading to increased volatility during and shortly after the event. When is it Coming? The 2025 symposium is scheduled for August 21-23, 2025. This year's theme is focused on "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy," addressing important structural changes in labor markets and their implications on monetary policy. For traders and investors, Jackson Hole is crucial as it can shape expectations for central bank actions and market trends for months to come. KEY DEMAND FLOOR ON DAILY RESPECTED AND A BUY INTO 117K ZONE WILL BE WATCHED FOR RETEST OF THE LONG STIP ASCENDING TRENDLINE BREAKOUT. MANAGE YOUR RISK. #BTC #BITCOIN