⚡ TODAY IS CPI DAY — AND BTC IS SITTING ON A KNIFE'S EDGE
Bitcoin is trading at ~$74,800, right on the $74,600 make-or-break level. Hold it, and the bounce is on. Lose it, and analysts say $68,000 is next. 👀
US October CPI drops at 8:30 AM ET today — consensus 0.3% headline. A soft print could cool rate-hike fears; a hot one could send the market lower. And the Fear & Greed Index is stuck at 29 — deep in Fear.
Is today the day BTC finally finds its bottom? 👇
#Bitcoin #BTC #CPI
Bitcoin is trading at ~$74,800, right on the $74,600 make-or-break level. Hold it, and the bounce is on. Lose it, and analysts say $68,000 is next. 👀
US October CPI drops at 8:30 AM ET today — consensus 0.3% headline. A soft print could cool rate-hike fears; a hot one could send the market lower. And the Fear & Greed Index is stuck at 29 — deep in Fear.
Is today the day BTC finally finds its bottom? 👇
#Bitcoin #BTC #CPI