🚨 $BTC JUST CRASHED BELOW 71,000 USD — BUT TODAY'S PPI COULD FLIP THE SCRIPT! ⚠️
Bitcoin hit 70,082 USD overnight — its lowest since August 20, and down more than 19% since October 2.
$ETH slipped under 2,000 USD for the first time since mid-August, and $SOL fell below 80 USD. The whole market is bleeding together.
Here's the catch:
📉 $BTC lost its 200-day average at 73,137 USD on Thursday — the next supports sit at 68,000 and 67,000 USD.
📊 Fear & Greed just plunged to 20 — Extreme Fear — down from 28 yesterday.
💧 680.8M USD liquidated in 24 hours, 88% of it longs — 112,947 traders wiped out, including one 31.1M USD long.
Hot inflation = tighter money = thinner liquidity = bigger swings on data days. October CPI already beat forecasts — now PPI decides whether December brings a 25 or a 50-point hike.
Will a soft PPI print save the 70,000 USD line — or is this just the start? 👇
Not financial advice — educational purposes only.
#Bitcoin #crypto #Ethereum #PPI
Bitcoin hit 70,082 USD overnight — its lowest since August 20, and down more than 19% since October 2.
$ETH slipped under 2,000 USD for the first time since mid-August, and $SOL fell below 80 USD. The whole market is bleeding together.
Here's the catch:
📉 $BTC lost its 200-day average at 73,137 USD on Thursday — the next supports sit at 68,000 and 67,000 USD.
📊 Fear & Greed just plunged to 20 — Extreme Fear — down from 28 yesterday.
💧 680.8M USD liquidated in 24 hours, 88% of it longs — 112,947 traders wiped out, including one 31.1M USD long.
Hot inflation = tighter money = thinner liquidity = bigger swings on data days. October CPI already beat forecasts — now PPI decides whether December brings a 25 or a 50-point hike.
Will a soft PPI print save the 70,000 USD line — or is this just the start? 👇
Not financial advice — educational purposes only.
#Bitcoin #crypto #Ethereum #PPI
