📉 BTC slipped to $77K. Market cap down 1.9% in 24h. Sentiment cooled to "Greed 56."
Why: CPI and PPI data drop this week — the last big inflation check before the Fed meets on Sept 16. Jobs data was strong, which lowers rate-cut odds.
But if inflation comes in soft, the Fed still has room to cut. That mix is keeping BTC stuck below $80K.
My take: waiting for CPI to give a clear signal before adding size. Not chasing this move either way.
#CPIWatch #bitcoin $BTC
Why: CPI and PPI data drop this week — the last big inflation check before the Fed meets on Sept 16. Jobs data was strong, which lowers rate-cut odds.
But if inflation comes in soft, the Fed still has room to cut. That mix is keeping BTC stuck below $80K.
My take: waiting for CPI to give a clear signal before adding size. Not chasing this move either way.
#CPIWatch #bitcoin $BTC
