🇺🇸 Inflation Above Expectations
Fresh U.S. Consumer Price Index (CPI) data is out: actual inflation came in at 3.7%, versus expectations of 3.6%.
📊 This is a negative short-term signal for the market—BTC immediately reacted with a 1.5% correction, dropping to $82,600.
The most we could see as a result is another test of the lower boundary of the current support range.
⚙️ The impact of this news should be considered only in the short term, within the current sideways range.
It does not affect the medium-term market structure, so my market outlook remains unchanged.
🔥 Support the channel!
Like, leave a comment, and subscribe so you don't miss the latest BTC updates.
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#BitSignal
Fresh U.S. Consumer Price Index (CPI) data is out: actual inflation came in at 3.7%, versus expectations of 3.6%.
📊 This is a negative short-term signal for the market—BTC immediately reacted with a 1.5% correction, dropping to $82,600.
The most we could see as a result is another test of the lower boundary of the current support range.
⚙️ The impact of this news should be considered only in the short term, within the current sideways range.
It does not affect the medium-term market structure, so my market outlook remains unchanged.
🔥 Support the channel!
Like, leave a comment, and subscribe so you don't miss the latest BTC updates.
#crypto
#BitSignal