Post
CryptoLensPrime
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🚨 Don’t ignore the Consumer Price Index (CPI) data!
📊 Inflation data forecasts:
📌 Headline Consumer Price Index (CPI): 0.3%
📌 Core Consumer Price Index (Core CPI): 0.2%
If inflation data comes in significantly below expectations, we may see a strong recovery in BTC, and it may later become clear that the $70,000–$75,000 range was a major bottoming zone.
But if the data comes in higher than expected, we may see a fresh wave of selling that pushes BTC to new lows.
⚠️ Important warning for every trader!
The coming hours carry high risk. Avoid using excessive leverage, and don’t trade impulsively on the first candles after the data is released.
The initial moves may be nothing more than liquidity traps!
📉 ETH, SOL, and XRP could fall further if BTC breaks support levels, while a strong BTC recovery could lift the entire crypto market.
📢 I’ll keep you updated as soon as new information is available.
🔔 Turn on notifications and stay connected for the latest updates!
🇺🇸 8:30 a.m. New York time.
🇸🇦 4:30 p.m. Saudi time.
₿ What does this mean for Bitcoin?
أدعوك للانضمام إلى مجموعتي تداول 💸 مع crypto lens ✨⚡
#Binance #BTC #sol #ETH #BinanceSquareTalks $BTC $XRP $ETH
📊 Inflation data forecasts:
📌 Headline Consumer Price Index (CPI): 0.3%
📌 Core Consumer Price Index (Core CPI): 0.2%
If inflation data comes in significantly below expectations, we may see a strong recovery in BTC, and it may later become clear that the $70,000–$75,000 range was a major bottoming zone.
But if the data comes in higher than expected, we may see a fresh wave of selling that pushes BTC to new lows.
⚠️ Important warning for every trader!
The coming hours carry high risk. Avoid using excessive leverage, and don’t trade impulsively on the first candles after the data is released.
The initial moves may be nothing more than liquidity traps!
📉 ETH, SOL, and XRP could fall further if BTC breaks support levels, while a strong BTC recovery could lift the entire crypto market.
📢 I’ll keep you updated as soon as new information is available.
🔔 Turn on notifications and stay connected for the latest updates!
🇺🇸 8:30 a.m. New York time.
🇸🇦 4:30 p.m. Saudi time.
₿ What does this mean for Bitcoin?
أدعوك للانضمام إلى مجموعتي تداول 💸 مع crypto lens ✨⚡
#Binance #BTC #sol #ETH #BinanceSquareTalks $BTC $XRP $ETH
