"Couple Code" the first month of 2022, we must pay attention to these major events

The cryptocurrency industry is entering a hot and cold state in 2022. Looking at the 2021 market, it can be said to be half flame and half ice. How intense the first half is and how calm the second half is. The end of the year continues to inspire investors. However, "the end of life is death, and the end of death is life," and in winter grass grows in ice and snow.

What will the cryptocurrency market look like in the first month of 2022? Not only will this affect the mood of the overall market, but it will also create a buzz for 2022 as a whole. You can't predict the future, but you can stay ahead of the curve by monitoring future events and uncovering your own investment strategies and secret assets.

It is good practice for investors to review financial statements regularly and plan ahead. Indeed, events are taking place with the uncertain phenomenon of the "black swan" which could lead to major changes in the industry which could affect the economy.

We have looked at all the major financial events that will occur in the first quarter of 2022 (January-March). These factors can affect the rise and fall of the whole business at different levels, and even the fundamentals of the whole business. khw bull. Join Ouyi Community Leaders (OK565611) to receive Q1 2022 Cryptocurrency Financial Statements and be notified to improve your investment.

How has Bitcoin performed in January in history?

Before we start this article, let's take a look. How has Bitcoin performed in January in history?

Here are the benefits of taking Bitcoin data from the Ouyi platform and reviewing and analyzing the third data market website:

January January in Bitcoin History (developed by Europei Academy)

As you can see from the chart above, Bitcoin has recovered imperfectly in January history, with an 11-year close of 5: 6 and an average recovery of 6.36%. Functionality is not perfect.

However, to date, the development of Bitcoin and the cryptocurrency market has been very different regardless of the trading ecosystem, global thinking, etc.

January 3-6, Manufacturing and service industry in China, USA and Europe

Publish PMI data

On January 3, the European Union released its latest euro area PMI data for December. Data showed that the last eurozone manufacturing PMI for December was 58, lower than the previous level of 58.4 and the lowest since February. Although it continues to slow down it is still above the 50.0 level and manufacturing continues to expand.

On January 4, China released Caixin's manufacturing PMI data for December, which showed 53. Although 1.9% lower than the 10-year high in November, it's still better than the cracks and lines have declined, indicating that the recovery had waned. On the same day, the United States reported that the ISM-generated PMI for December was 58.7, the lowest since January 2021. Short delivery times and drops in the payment index were identified as the main reason.

On January 5, the European Union will announce the final PMI for December services, and on January 6, China and the United States will release Caixin PMI data for the services sector and ISM data has not created a PMI for December, according to. in December.

The Sales Managers Index (PMI) covers areas such as manufacturing and distribution, as well as manufacturing and non-manufacturing. The PMI index and its earnings report have become an important indicator of global economic performance and a measure of global economic performance.

China, the United States and the European Union are the three pillars of the world economy, accounting for over 60% of world GDP (2020 data). Class. Our company's PMI data intuitively points to the global temperature improvement industry, so this is data to pay attention to.

Currently, all three PMI data indicators show weakness, allowing markets and financial policy to tighten to the benefit of the entire cryptocurrency market.

January 7, US non-farm data is released,

Will the “Non-agricultural night” continue?

At 9:30 p.m. on Friday, January 7, the US Department of Labor will release its UI statement in December.

When US non-farm data was released on December 3, performance was below expectations and global economic activity, including economic growth, was weaker than expected. 28%, other digital assets fell more than 30%, and the entire industry is “red”.

Every time a non-farm measure is released, there will be a major earthquake in the global financial market. What will the 'Nuit Non Agricole' shop do this Friday?

Industry now estimates that the United States will create 374,000 non-farm jobs in December and that the unemployment rate will drop to 4.2%. However, data shows that today the work ethic is still weak, cooperation was less than 1.5% before the spread, and there is a greater difference between several groups. by the Federal Reserve.

Today the Fed and the US economy are grappling with this problem. If inflation accelerates, job growth remains “lukewarm” and could cause problems for the Fed. Strict financial regulation can affect the bull market of the cryptocurrency market.

In short, Friday's release of non-farm data could set the tone for improving US economies and the next wave of Fed interest rates. , but it's still worth paying for the long term benefits.

On January 7, the starting price of the Eurozone annual CPI rate was released.

Are interest rate hikes no longer "predictable"?

On January 7, the starting price of the December December Eurozone CPI rate will be released.

According to the latest forecast released by the European Central Bank (ECB) in December of last year, the average inflation rate in 2022 is 3.2%, up from 1.7% in September. However, the European Central Bank expects inflation to fall to 1.8% in 2023 and 2024. This is below the bank's average target of 2%. However, at a policy meeting last December, many lawmakers questioned the ECB's forecast, saying it had already estimated the risk of a rise in savings above its 2% target.

As financial risk grows, even the ECB's “ace” cannot claim that a rate hike is an “estimate”, and that it will raise rates as early as 2022. In December 2021, the Central Bank European Union (ECB) took small steps to regulate, announcing it would terminate € 1.85 trillion of emergency contract (PEPP) in March of this year and close the purchase price of PEPP in March . years .. Branches may be slow.

Additionally, the US Consumer Price Index (CPI) will be released on January 20 (a special schedule will be announced). CPI data has a huge impact on the financial and monetary management of many countries and affects all sectors of investment, including the crypto industry. Some analysts believe that there is a correlation between the relationship between Bitcoin and CPI in short and long term investing. Like the picture below:

Source: Daily Planet

Higher data from the Eurozone and the US CPI could have a major impact on the crypto market, as it could push the Fed and European Central Bank towards the end of QE and start to increase inflation.

The Fed's first rate hike on January 27, 2022

Will this cause an "earthquake" in the world economy?

On January 27 Beijing time, the Fed's first meeting of 2022 was set to go as planned, announcing its decision on interest rates and lowering its buying.

The US economy entered 2022 with high inflation for 40 years, and the outlook is that the economy will raise interest rates later this year to boost inflation and protect the overheated imprinted economy.

2021 (December 15), if the monthly purchase contract is reduced by $ 30 billion according to the conference's maximum price increase announcement, the government bill purchase The agreement expires in March this year and the Fed will start thinking about it. interest in hiking. The actual bitmap shows that it will increase the price three times this year, as shown in the figure below.

Fed 2022 calendar (Source: Straight Flush)

Of course, the Fed interest rate chart has always been aware of stagnation, and the current outlook is not what it was this year. However, it should be noted that the Fed's voting committee will be rescheduled at its first meeting this year (replacing the four regional Fed headquarters from last year). “But the bigger question is who will do the least work in our administration. Industry believes that US President Biden will choose our leading 'Dobby' to further balance the monetary policy maker.

However, it can be said that the Fed's first rate hike of 2022 on January 27 is a macro concern coming in January and will affect the entire bear market.

The lunar new year begins on January 31,

Will "spring" come?

January 31 is New Years Day and is also the first day of the seven day Lunar New Year holiday. During the long vacation, almost all financial institutions in China were closed, and Hong Kong A-shares and commodities were also closed, according to the report. may be dangerous, may be affected.

The crypto market may also be affected by the major impact of "News News". Current opinions on the existence of Bitcoin's "New Years Eve" fall into two main camps. On the one hand, the price of Bitcoin may enter the market after a continuous year of the Lunar New Year period, while on the other hand, the price of Bitcoin will experience a decline before the Spring Festival and is expected to be out. of the market.

We received Bitcoin data from the Ouyi platform and third-party data website QKL123 and found that the price of Bitcoin rose and fell by 7: 3 during the Lunar New Year from 2012, the increase in l year being better.

However, the second impression is also supported by the data, around 15-20 days before the Lunar New Year, Bitcoin's value fell more than it did. Maybe it's time for the Chinese to start planning for their New Year. before the Spring Festival. However, as companies representing Wall Street entities entered this year, it is not clear if the policy still applies.

In fact, compared to Bitcoin's “New News” concept, the whole environment and the emergence of key representatives in recent years has a greater impact on the value of Bitcoin.

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As I wrote in the first article "Bitcoin's" American Stockization ", will the bear frontier gradually blur?" As noted in the article, digital assets, represented by Bitcoin, have become an important financial asset as companies enter the market and large investments enter the market.

Additionally, the cryptocurrency industry is a global market by nature, and as the market as a whole grows, its relationship with the world gets closer and closer. We have looked at all the major financial events that will occur in the first quarter of 2022 (January-March). These factors can affect the rise and fall of the whole business at different levels, and even the fundamentals of the whole business. It's a bull market. Welcome in the group.