#USPPIMissMayEaseBTCPressure
U.S. October PPI came in below expectations:
📊 Monthly PPI: 0.3% vs 0.4% expected
📊 Annual PPI: 6.5% vs 6.6% expected
A small inflation relief signal — but there's a catch: annual producer inflation climbed to its highest level since November 2022.
Now the BTC trade setup gets interesting 👇
🟢 Bullish trigger: BTC reclaims 70K with strong spot volume.
🔴 Bearish trigger: Another rejection below resistance could bring fresh selling pressure.
👀 Watch closely: DXY, US Treasury yields, BTC funding rates and ETF flows.
The PPI miss may ease some pressure, but it doesn't guarantee a Fed pivot or a Bitcoin recovery.
👇
$SOPH $SOXSB $UVXYB
U.S. October PPI came in below expectations:
📊 Monthly PPI: 0.3% vs 0.4% expected
📊 Annual PPI: 6.5% vs 6.6% expected
A small inflation relief signal — but there's a catch: annual producer inflation climbed to its highest level since November 2022.
Now the BTC trade setup gets interesting 👇
🟢 Bullish trigger: BTC reclaims 70K with strong spot volume.
🔴 Bearish trigger: Another rejection below resistance could bring fresh selling pressure.
👀 Watch closely: DXY, US Treasury yields, BTC funding rates and ETF flows.
The PPI miss may ease some pressure, but it doesn't guarantee a Fed pivot or a Bitcoin recovery.
👇
$SOPH $SOXSB $UVXYB
