๐จ Inflation data is out! Why Bitcoin is stuck at $62k and what happens next
The crypto market is holding its breath. With the new U.S. CPI report on the table and oil prices rising due to geopolitical tensions, fears of high interest rates are back to rattling leveraged positions.
Bitcoin tried to break higher, but itโs still fighting in the critical $62,000 zone. Whales arenโt selling, but small traders are panicking for fear of a bigger "dump."
If youโre trading $BTC or $ETH futures today, be very careful with artificial volatility. The market is looking for liquidity.
๐ Tell me below: Do you think weโll close the week above $65,000 or will we retest $58,000?$ $
The crypto market is holding its breath. With the new U.S. CPI report on the table and oil prices rising due to geopolitical tensions, fears of high interest rates are back to rattling leveraged positions.
Bitcoin tried to break higher, but itโs still fighting in the critical $62,000 zone. Whales arenโt selling, but small traders are panicking for fear of a bigger "dump."
If youโre trading $BTC or $ETH futures today, be very careful with artificial volatility. The market is looking for liquidity.
๐ Tell me below: Do you think weโll close the week above $65,000 or will we retest $58,000?$ $