NEXT MOVE BULLISH OR BEARISH ❓‼️
The upcoming CPI report will decide the next market move..
• Market consensus expects annual inflation to accelerate frim 3.4% to 3.6% and if this happens the market is most likely to react “ BEARISH ”.
• If inflation rate decreases the market can go “ BEARISH ” because lower interest rates puts liquidity back into the financial system, boosting crypto prices.
#CPIWatch
The upcoming CPI report will decide the next market move..
• Market consensus expects annual inflation to accelerate frim 3.4% to 3.6% and if this happens the market is most likely to react “ BEARISH ”.
• If inflation rate decreases the market can go “ BEARISH ” because lower interest rates puts liquidity back into the financial system, boosting crypto prices.
#CPIWatch