✨️ I think we are going to see $BTC hit $50K before $100K👀
Macro headwinds and regulatory friction have stacked up heavy pressure on crypto over the last 4 weeks 👇
❌ Sept 15: Senate rejects the CLARITY Act (49-50), shelving US crypto market-structure rules until after midterms...
❗️ Sept 16: The Fed hikes rates by 25 bps to 3.75%–4.00%, its first hike since 2023...
❗️ Oct 7: FOMC minutes confirm most officials favor another rate hike before year-end...
❗️ Oct 14(today) : Hot CPI hits 3.7% (vs 3.6% forecast), putting pressure on the upcoming Oct 27–28 Fed meeting...
💸 Flows: US spot Bitcoin ETFs saw roughly $680M in net outflows over the past week.
What hits first: $50K or $100K? #CPIWatch #BTC
Macro headwinds and regulatory friction have stacked up heavy pressure on crypto over the last 4 weeks 👇
❌ Sept 15: Senate rejects the CLARITY Act (49-50), shelving US crypto market-structure rules until after midterms...
❗️ Sept 16: The Fed hikes rates by 25 bps to 3.75%–4.00%, its first hike since 2023...
❗️ Oct 7: FOMC minutes confirm most officials favor another rate hike before year-end...
❗️ Oct 14(today) : Hot CPI hits 3.7% (vs 3.6% forecast), putting pressure on the upcoming Oct 27–28 Fed meeting...
💸 Flows: US spot Bitcoin ETFs saw roughly $680M in net outflows over the past week.
What hits first: $50K or $100K? #CPIWatch #BTC
50k
100k
4 hr(s) left