📌THIS KIND OF DATA IS BAD NEWS FOR BITCOIN Not yet—it’s not over. There’s more. Today, October 15, will be quite a worrying day for Bitcoin. There’s still more to worry about. 👉Yesterday’s CPI data came in at 3.7%, slightly above the 3.6% forecast. This data could make it more likely that the Fed will keep interest rates at their current high levels—or, worse, raise them. Neither outcome is good for the crypto market in the near future. This week will be very sensitive, with a combination of important news. There’s more coming tonight and on Friday, too. Please keep that in mind.#TheoDõiFOMC #bitcoin #TheoDõiFOMC #BTC☀️

📌THIS KIND OF DATA IS BAD NEWS FOR BITCOIN
Not yet—it’s not over. There’s more. Today, October 15, will be quite a worrying day for Bitcoin. There’s still more to worry about.
👉Yesterday’s CPI data came in at 3.7%, slightly above the 3.6% forecast.
This data could make it more likely that the Fed will keep interest rates at their current high levels—or, worse, raise them.
Neither outcome is good for the crypto market in the near future. This week will be very sensitive, with a combination of important news. There’s more coming tonight and on Friday, too.
Please keep that in mind.#TheoDõiFOMC #bitcoin #TheoDõiFOMC #BTC☀️