๐จ CPI WAS HOT - BTC BREAKS $73,000 TO $72,700
CPI came HOT: 0.4% vs 0.3% expected.
Core CPI: 0.3% vs 0.2% expected.
Result? Instant dump.
BTC fell from $74,400 to $72,700.
$73,000 support - BROKEN.
200-Day MA - BROKEN.
$716M LIQUIDATED IN 24H.
$589M longs wiped. 121K traders rekt.
3 BIG LOSERS:
1. BTC - $72,700 (-2.5%)
Below all EMAs. Next support $70,000 - $68,000 if $73K not reclaimed.
2. ETH - $2,010 (-5%)
Below $2,000 danger zone. RSI 30 - Oversold but no bounce yet.
3. XRP - $1.05 (-5%)
RSI 24 - Extreme oversold. Support $1.00 is last line.
Fear & Greed 26 - EXTREME FEAR.
FED hike chance now 89% for Dec. PPI is on Friday.
Wintermute warns: Close below $73K = Drop to $68K.
Are you PANIC SELLING or BUYING this CPI dump?
Comment - SELLING / BUYING ๐
Follow @QuettaCryptoMentor for daily levels.
Education Only - NFA
#BTC #Bitcoin #CPI #CryptoCrash #ETH #XRP #Liquidation #Fed #QuettaCryptoMentor #CryptoTrading
CPI came HOT: 0.4% vs 0.3% expected.
Core CPI: 0.3% vs 0.2% expected.
Result? Instant dump.
BTC fell from $74,400 to $72,700.
$73,000 support - BROKEN.
200-Day MA - BROKEN.
$716M LIQUIDATED IN 24H.
$589M longs wiped. 121K traders rekt.
3 BIG LOSERS:
1. BTC - $72,700 (-2.5%)
Below all EMAs. Next support $70,000 - $68,000 if $73K not reclaimed.
2. ETH - $2,010 (-5%)
Below $2,000 danger zone. RSI 30 - Oversold but no bounce yet.
3. XRP - $1.05 (-5%)
RSI 24 - Extreme oversold. Support $1.00 is last line.
Fear & Greed 26 - EXTREME FEAR.
FED hike chance now 89% for Dec. PPI is on Friday.
Wintermute warns: Close below $73K = Drop to $68K.
Are you PANIC SELLING or BUYING this CPI dump?
Comment - SELLING / BUYING ๐
Follow @QuettaCryptoMentor for daily levels.
Education Only - NFA
#BTC #Bitcoin #CPI #CryptoCrash #ETH #XRP #Liquidation #Fed #QuettaCryptoMentor #CryptoTrading
