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Inflation refuses to cool. September PCE printed at 3.6% y/y and core at 3.1%, while Q3 GDP grew 3.4%.
That combo keeps a December Fed hike in play. $BTC dipped to a 6 week low near $76,658 before bouncing toward $78,480. $ETH sits around $2,251.
Sentiment stays neutral at 51 on the Fear and Greed Index.
Do you see this dip as a reset or the start of a deeper leg?
Educational only, NFA.
#bitcoin #PCE #Fed
Inflation refuses to cool. September PCE printed at 3.6% y/y and core at 3.1%, while Q3 GDP grew 3.4%.
That combo keeps a December Fed hike in play. $BTC dipped to a 6 week low near $76,658 before bouncing toward $78,480. $ETH sits around $2,251.
Sentiment stays neutral at 51 on the Fear and Greed Index.
Do you see this dip as a reset or the start of a deeper leg?
Educational only, NFA.
#bitcoin #PCE #Fed
