THE MARKET IS IN TOTAL SUSPENSE, WAITING FOR THE DATA THAT COULD DESTROY OR SAVE THE CRYPTO MARKET
જ⁀➴
Macroeconomic week has arrived, and all eyes are on the U.S. October CPI.
The market is already betting big, with an 80 percent chance of a 25-basis-point rate hike by the Fed in December. The big question is whether inflation will let up.
If CPI comes in below expectations, Bitcoin and risk assets will get immediate relief, while the dollar and bond yields lose strength. But if inflation comes in hot, the higher-for-longer rate narrative will dominate, and liquidity will remain tight.
Strong employment has already shown that the economy is not messing around. The golden rule is not to trade based on expectations alone. Keep an eye on the actual data, core inflation, the dollar, and bond yields before making any decisions.
$INIT
$PIEVERSE
$OKLO
#cpitestsdecemberrateoutlook
#cpitestsdecemberrateoutlook
જ⁀➴
Macroeconomic week has arrived, and all eyes are on the U.S. October CPI.
The market is already betting big, with an 80 percent chance of a 25-basis-point rate hike by the Fed in December. The big question is whether inflation will let up.
If CPI comes in below expectations, Bitcoin and risk assets will get immediate relief, while the dollar and bond yields lose strength. But if inflation comes in hot, the higher-for-longer rate narrative will dominate, and liquidity will remain tight.
Strong employment has already shown that the economy is not messing around. The golden rule is not to trade based on expectations alone. Keep an eye on the actual data, core inflation, the dollar, and bond yields before making any decisions.
$INIT
$PIEVERSE
$OKLO
#cpitestsdecemberrateoutlook
#cpitestsdecemberrateoutlook
