October CPI came in hotter than expected — and BTC immediately responded by dropping.
Facts: The BLS released US October CPI at 20:30 WIB — headline +0.4% (consensus +0.3%), core +0.3% (consensus +0.2%), marking the third consecutive month with core at 0.3%. Annual figures were not published because October 2025 data was never collected during the shutdown. The odds of a Fed rate hike on December 9 are now around 83%.
My take: this is scenario B from my debate this afternoon — hot inflation, rising expectations of a rate hike, and pressure on risk assets. BTC briefly touched 73,489 on the release candle, still above the weekend low of 73,436, and is now around 73,730. ETH was hit harder: it briefly reached 2,030 and is now around 2,065.
What I’m watching next: the BTC 4H close. Holding above 73,436 means the pressure remains contained; breaking below it opens the way to 70,000. A reclaim of 74,600 is what would finally ease the selling pressure.
What do you think, will 73,436 hold or break tonight?
This is my analysis, not financial advice — always DYOR.
#CPI #Inflasi $BTC $ETH
Facts: The BLS released US October CPI at 20:30 WIB — headline +0.4% (consensus +0.3%), core +0.3% (consensus +0.2%), marking the third consecutive month with core at 0.3%. Annual figures were not published because October 2025 data was never collected during the shutdown. The odds of a Fed rate hike on December 9 are now around 83%.
My take: this is scenario B from my debate this afternoon — hot inflation, rising expectations of a rate hike, and pressure on risk assets. BTC briefly touched 73,489 on the release candle, still above the weekend low of 73,436, and is now around 73,730. ETH was hit harder: it briefly reached 2,030 and is now around 2,065.
What I’m watching next: the BTC 4H close. Holding above 73,436 means the pressure remains contained; breaking below it opens the way to 70,000. A reclaim of 74,600 is what would finally ease the selling pressure.
What do you think, will 73,436 hold or break tonight?
This is my analysis, not financial advice — always DYOR.
#CPI #Inflasi $BTC $ETH