The 🇺🇸 GDP(QoQ) and initial jobless claims will be released soon.

The forecast this month is 5.2%. Even if the result is little bit less than 5.2%, it indicates the U.S economy is still strong. This year, many investors and journalists have said that a next recession is coming. However, is it really coming? When the figure is released, the BTC price will be affected. My opinion is a positive perspective 🤗

The forecast of the U.S. initial jobless claims is 214k. It looks stable.

---

By the way, after U.S. stock indicies broke the previous ATH(All Time High), the U.S. had 4 cases of recessions such as 1929, 1973, 2000 and 2008.

Through these cases, be cautious of the possibility of a next recession next year.

Take a look at the 10y-3m bonds yield spread chart. It had been recovering. Then, it's collapsing again. It looks like delaying a next recession for some reasons.