🔥 $BTC wicks to $80,563 as US producer prices jump 1.3%
1️⃣ Sept PPI +1.3% m/m vs 0.6% expected, biggest since 2022
2️⃣ PPI 6.3% y/y, core +0.5% m/m (BLS)
3️⃣ Retail sales +0.8% vs 0.3% est: spending still hot
📌 Second hot print in 2 days after Wednesday's 3.7% CPI
📌 BTC now $80,880 (-2.3%), 15M RSI 41
• Top gainer today: $NIL +14.1%
🎯 My take: $80.2K low holds = shock absorbed; lose it → $79K
💬 Do hot inflation prints still move crypto, or is it priced in? 👇
#PPI #Inflation #Bitcoin
1️⃣ Sept PPI +1.3% m/m vs 0.6% expected, biggest since 2022
2️⃣ PPI 6.3% y/y, core +0.5% m/m (BLS)
3️⃣ Retail sales +0.8% vs 0.3% est: spending still hot
📌 Second hot print in 2 days after Wednesday's 3.7% CPI
📌 BTC now $80,880 (-2.3%), 15M RSI 41
• Top gainer today: $NIL +14.1%
🎯 My take: $80.2K low holds = shock absorbed; lose it → $79K
💬 Do hot inflation prints still move crypto, or is it priced in? 👇
#PPI #Inflation #Bitcoin