Just sharing a thought: I’ve started paying close attention to macro news too, because crypto has long since stopped being an isolated island.
Today’s headline: “Data: U.S. CPI inflation has been above the Fed’s 2% target for 67 consecutive months, during which the dollar has lost 22.5% of its value.”
I take this as somewhat bullish, but good news is often priced in early, and we should still be cautious about a pullback once it actually happens.
$BTC What do you all think?
#BTC
Today’s headline: “Data: U.S. CPI inflation has been above the Fed’s 2% target for 67 consecutive months, during which the dollar has lost 22.5% of its value.”
I take this as somewhat bullish, but good news is often priced in early, and we should still be cautious about a pullback once it actually happens.
$BTC What do you all think?
#BTC