The CPI came in above estimates.
With this whole run of Economic Data over the past few days, the chances of an interest rate hike in December have increased dramatically.
The Market should fluctuate a little more today, since it will now become consensus that we’ll have higher interest rates, but what matters is the daily close: #BTC needs to close above $75K, and altcoins should continue showing strength against Bitcoin.
The more skeptical people are about a rally, the easier it becomes for one to happen.
Altcoins will perform much stronger than BTC when it starts moving up.
Accumulating on the SPOT market at these prices is an incredible opportunity.
With this whole run of Economic Data over the past few days, the chances of an interest rate hike in December have increased dramatically.
The Market should fluctuate a little more today, since it will now become consensus that we’ll have higher interest rates, but what matters is the daily close: #BTC needs to close above $75K, and altcoins should continue showing strength against Bitcoin.
The more skeptical people are about a rally, the easier it becomes for one to happen.
Altcoins will perform much stronger than BTC when it starts moving up.
Accumulating on the SPOT market at these prices is an incredible opportunity.
