Inflation has exceeded expectations three times in a row; Goldman raises its expectations for Fed rate hikes—after the news came out, I first look at capital flows, then at prices.
On the surface, it looks bearish. How deep the actual damage is remains to be seen; let capital flows answer. Futures open interest and spot buying should be viewed separately: moves driven by spot buying are more solid.
$BTC Current price: 73788.
On the surface, it looks bearish. How deep the actual damage is remains to be seen; let capital flows answer. Futures open interest and spot buying should be viewed separately: moves driven by spot buying are more solid.
$BTC Current price: 73788.