🚨 U.S. CPI DATA RELEASE AT 8:30 AM ET!
Just one hour before Wall Street opens, inflation data could trigger another big move in $BTC and $ETH.
Here’s what markets are expecting:
📊 Headline CPI (MoM)
• Forecast: +0.3%
• Previous: +0.6%
📊 Core CPI (MoM)
• Forecast: +0.2%
• Previous: +0.3%
Annual inflation rates reportedly won’t be released due to missing comparison data from the 2025 government shutdown.
What I’m watching:
🟢 Below 0.3%: Potential relief rally.
🟡 At 0.3%: Core CPI could decide the reaction.
🔴 Above 0.3%: More selling pressure possible.
Expect volatility around the release.
Will CPI give Bitcoin a reason to bounce? 👀
#Bitcoin #CPI $BTC
Just one hour before Wall Street opens, inflation data could trigger another big move in $BTC and $ETH.
Here’s what markets are expecting:
📊 Headline CPI (MoM)
• Forecast: +0.3%
• Previous: +0.6%
📊 Core CPI (MoM)
• Forecast: +0.2%
• Previous: +0.3%
Annual inflation rates reportedly won’t be released due to missing comparison data from the 2025 government shutdown.
What I’m watching:
🟢 Below 0.3%: Potential relief rally.
🟡 At 0.3%: Core CPI could decide the reaction.
🔴 Above 0.3%: More selling pressure possible.
Expect volatility around the release.
Will CPI give Bitcoin a reason to bounce? 👀
#Bitcoin #CPI $BTC
