CPI data has heightened expectations of interest rate hikes. Meanwhile, South Korean stocks are continuing to plunge by around 7%, dragging gold and silver down sharply and putting Bitcoin under pressure!
This latest drop was entirely expected. Those of you who have been short recently should have made a killing—and then some.
Today, the key level to watch is the 80,000 support. As I’ve said, if it breaks below 80,000 later on, the decline will accelerate. So we’ll stay patient and stick with our strategy of selling into rallies. $BTC
$ETH
$SOL
This latest drop was entirely expected. Those of you who have been short recently should have made a killing—and then some.
Today, the key level to watch is the 80,000 support. As I’ve said, if it breaks below 80,000 later on, the decline will accelerate. So we’ll stay patient and stick with our strategy of selling into rallies. $BTC
$ETH
$SOL