✅ Poll result: after the CPI print, bitcoin broke its low. On Monday I asked what $BTC does after October CPI and picked 3️⃣, hotter and it breaks the low.
CPI came in hotter than expected: +0.4% on the month, core +0.3%, per CoinDesk. Bitcoin slid to $73,600 after the release, traded as low as $72,691 that day (under the $73,333 low I named), and today hit $71,218, its weakest since mid-late August.
$BTC is $71,502 (-2.5%). Fed rate-hike bets were already building before the print.
One result, not a streak. Does $70,000 hold or do we visit it? 👇
$BTC
#BinanceSquare #WriteToEarn
CPI came in hotter than expected: +0.4% on the month, core +0.3%, per CoinDesk. Bitcoin slid to $73,600 after the release, traded as low as $72,691 that day (under the $73,333 low I named), and today hit $71,218, its weakest since mid-late August.
$BTC is $71,502 (-2.5%). Fed rate-hike bets were already building before the print.
One result, not a streak. Does $70,000 hold or do we visit it? 👇
$BTC
#BinanceSquare #WriteToEarn
