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#CryptoAMA how to buy and sell crypto currency
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how to buy and sell crypto currency
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CPIWatch
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CPI Data Tomorrow ‼️$BTC Breakout or Breakdown ? What's Coming Next ? Urgent Update 🚨 1. The market is waiting for U.S. CPI data, and this can create sharp volatility in BTC, ETH, SOL, altcoins, stocks, gold, and the dollar. 2. The expected numbers are simple: headline CPI around 4.2%, and core CPI around 2.8% to 2.9%. Core CPI matters more because it removes food and energy prices. 3. The market will not react only because CPI is high or low. The real move depends on whether the actual number comes above or below expectations. 4. If CPI comes above expectation, inflation looks hot again. This can be bearish for crypto because the market may expect interest rates to stay high for longer. 5. If CPI comes below expectation, inflation looks cooler. This can be bullish for crypto because traders may expect softer Fed policy and better liquidity. 6. For BTC, 65k is the major resistance. If Bitcoin rejects from there, a pullback is normal. The key support is 61k. As long as BTC holds 61k, the rebound is still alive. 7. I will not chase the first CPI candle. These candles often create fake pumps, fake dumps, and liquidation traps. My plan is to wait for CPI, let the first reaction settle, watch 65k and 61k, then trade the confirmation. Complete Market Update shall be shared in my upcoming lecture inside Group #CPI #CPIWatch #TONCommunityApprovesRenameToGRAM #BTC
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