🌎📊 SOFTER INFLATION… BUT BTC STILL NOT TAKING OFF
Today, an important piece of data came in from the US:
🇺🇸 July PPI: 0.0% month-over-month
📉 Yearly: 4.7% vs. 5.5% previous
📊 Monthly forecast: +0.2%
Also yesterday, the CPI came in at 3.4% and core inflation at 2.5%.
In theory, the macro scenario is starting to look less aggressive for risk assets.
But Bitcoin is still hovering around US$63K–64K.
And here’s the interesting part:
If inflation is losing pressure…
Why hasn’t BTC managed to break upward yet? 👀
The answer may be less about inflation and more about:
🔹 Liquidity
🔹 Institutional flows
🔹 Positioning
🔹 Sales by large holders
🔹 Lack of buying volume
📌 For me, this isn’t about guessing whether BTC will go up or down.
It’s about watching WHO is absorbing the supply and waiting for a breakout confirmation.
Are we looking at silent accumulation or simply a lack of demand?
I’m reading your thoughts. 👇
#Bitcoin #BTC #Crypto #Trading #Inflation #Fed #Macro #BinanceSquare
Today, an important piece of data came in from the US:
🇺🇸 July PPI: 0.0% month-over-month
📉 Yearly: 4.7% vs. 5.5% previous
📊 Monthly forecast: +0.2%
Also yesterday, the CPI came in at 3.4% and core inflation at 2.5%.
In theory, the macro scenario is starting to look less aggressive for risk assets.
But Bitcoin is still hovering around US$63K–64K.
And here’s the interesting part:
If inflation is losing pressure…
Why hasn’t BTC managed to break upward yet? 👀
The answer may be less about inflation and more about:
🔹 Liquidity
🔹 Institutional flows
🔹 Positioning
🔹 Sales by large holders
🔹 Lack of buying volume
📌 For me, this isn’t about guessing whether BTC will go up or down.
It’s about watching WHO is absorbing the supply and waiting for a breakout confirmation.
Are we looking at silent accumulation or simply a lack of demand?
I’m reading your thoughts. 👇
#Bitcoin #BTC #Crypto #Trading #Inflation #Fed #Macro #BinanceSquare