🚨 Bitcoin Breaks $69K After Soft CPI - But Caution Remains Bitcoin just shot past $69,000, jumping more than 4% after U.S. inflation numbers came in softer than expected. The CPI cooled to 2.4%, and that’s got traders feeling bullish. Core inflation dropped to its lowest level in years, but even with that, nobody’s betting big on the Fed cutting rates anytime soon odds are still under 10%. Now, Bitcoin’s bumping up against a tough zone between $68,000 and $69,000. That’s right where the 200 week EMA and the old 2021 all-time high sit. Some analysts think the rally looks shaky, but if buyers keep pushing, we might see a new higher low here. Still, everyone’s watching closely it’s not smooth sailing yet. #CPIWatch #Write2Earn #bitcoin
🚨 Crypto Fear & Greed Index Hit the Same Low March 2020 COVID Crash The Crypto Fear & Greed Index is at an all-time low and has hit the same low as during the March 2020 COVID crash, indicating severe fright in the market. After staying below 20 every day in February, the index has just fallen to a reading of 5. While Bitcoin continues to hold above the $67,000 price level, most traders expect a price correction below $50,000 or remain in a range. The 2026 market continues to experience a high level of pressure on altcoins, as altcoins declined approximately 21%; however, Ethereum has posted the largest losses within that group of cryptocurrencies. Despite the current level of extreme fear, some analysts still believe that a possible bottoming pattern and a future recovery will develop. #bitcoin #Write2Earn
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📉 Markets Dive Though Soft CPI — AI Concerns Impact Stock Market U.S. inflation fell by 2.4 percent, but overall U.S. markets experienced their worst week since November. The Nasdaq fell for the fifth consecutive week due to fears of AI disrupting the technology and software industries. Safe havens grew while yields fell more volatility means more opportunity or a sign of warning? #CPIWatch #Write2Earn #bitcoin
🚀 Bitcoin Near $70K, Altcoins Explode Bitcoin moves closer to $70k as weaker-than-expected CPI in the US pushes risk appetite and capital rotations cause altcoins to explode with many seeing more than 300% gains (e.g., PIPPIN hits all-time highs) and others forming bullish double-bottom patterns (e.g., PUMP). Although volume has been strong with the recent price action, a continuation of this price action will be contingent on BTC holding support. A breakout above $70k could allow more upside, but a rejection would likely cool market momentum quickly. #bitcoin #CPIWatch #Write2Earn
⚠️ Bitcoin Faces $1.24B Risk at $60K Level The $60k level represents a significant area of support for Bitcoin. Currently trading at approximately $67k, put options (which limit loss) hold almost $1.24 billion in value below the $60k area (Deribit). Should the $60k area break this amount will add volatility (risk) through forced liquidations from Bitcoin mortgage loans used as collateral and hedging liquidations as companies hedge their own positions. Analysts believe if Bitcoin were to drop towards $58k it would have an opening to fall to $50k, thus Bitcoin´s price will remain volatile because sentiment surrounding Bitcoin is still weak compared to prior highs. #Bitcoin #Write2Earn #CPIWatch