US PCE inflation data drops today at 8:30 AM ET
Last 2 releases? $BTC rallied ~5% in the next 48hrs both times
Could we see round 3?
$BTC is grinding around $80K right now. Another inflation surprise might be the catalyst for a big move
Cooler print = rate cut hopium = risk-on pump
Hotter print = pain
Two data points don't make a trend, but ignoring this would be dumb
Watch the tape closely today 👀
Last 2 releases? $BTC rallied ~5% in the next 48hrs both times
Could we see round 3?
$BTC is grinding around $80K right now. Another inflation surprise might be the catalyst for a big move
Cooler print = rate cut hopium = risk-on pump
Hotter print = pain
Two data points don't make a trend, but ignoring this would be dumb
Watch the tape closely today 👀
