🚨 CPI DAY - BTC $74,826 - PUMP OR DUMP IN 2 HOURS?
BTC is stuck below $75,000.
Everyone is waiting for US CPI at 8:30 AM ET.
Forecast: +0.2% / +0.3% MoM
Last Month: +0.6% MoM
2 SCENARIOS FOR TODAY:
1. COOL CPI = PUMP 🟢
BTC holds $74,000 = Pump to $76,000 - $76,927
ETH to $2,250, XRP to $1.20
2. HOT CPI = DUMP 🔴
BTC loses $74,000 = Dump to $72,550 - $70,000
Saylor goes deeper underwater.
3 FACTS YOU MUST KNOW:
1. BTC - $74,826 (-0.6%)
Below 50-Week MA. 200-Day MA at $73,150 is last defense.
2. ETH - $2,135 (+0.36%)
Stocks pumped +2.74% yesterday, but crypto did NOT follow. Weakness.
3. ETF BLEED -$1.28B LAST WEEK
Whales are NOT buying yet. They are waiting for CPI.
Fear & Greed 32 - FEAR. Market pricing 80% chance of FED hike in Dec.
Are you betting on COOL CPI or HOT CPI?
Comment - COOL / HOT 👇
Follow @QuettaCryptoMentor for CPI live update.
Education Only - NFA
#BTC #Bitcoin #CPI #Inflation #CryptoNews #Fed #ETH #QuettaCryptoMentor #CryptoTrading
BTC is stuck below $75,000.
Everyone is waiting for US CPI at 8:30 AM ET.
Forecast: +0.2% / +0.3% MoM
Last Month: +0.6% MoM
2 SCENARIOS FOR TODAY:
1. COOL CPI = PUMP 🟢
BTC holds $74,000 = Pump to $76,000 - $76,927
ETH to $2,250, XRP to $1.20
2. HOT CPI = DUMP 🔴
BTC loses $74,000 = Dump to $72,550 - $70,000
Saylor goes deeper underwater.
3 FACTS YOU MUST KNOW:
1. BTC - $74,826 (-0.6%)
Below 50-Week MA. 200-Day MA at $73,150 is last defense.
2. ETH - $2,135 (+0.36%)
Stocks pumped +2.74% yesterday, but crypto did NOT follow. Weakness.
3. ETF BLEED -$1.28B LAST WEEK
Whales are NOT buying yet. They are waiting for CPI.
Fear & Greed 32 - FEAR. Market pricing 80% chance of FED hike in Dec.
Are you betting on COOL CPI or HOT CPI?
Comment - COOL / HOT 👇
Follow @QuettaCryptoMentor for CPI live update.
Education Only - NFA
#BTC #Bitcoin #CPI #Inflation #CryptoNews #Fed #ETH #QuettaCryptoMentor #CryptoTrading
