đ On a 12-month basis, the US #CPI report was anticipated to come in at 2.9%. Instead, the result of 3.1% came in today, which has caused market cap bleeding in both #crypto and #equities. With #Bitcoin falling back below $49K today after breaching $50K for the first
(Cont) đ https://t.co/VmKvXWjuG6
time in over 2 years yesterday, crowd sentiment is likely to become quite polarized with this mild retrace. If there are significant panic sells, #dipbuy justification becomes significantly more viable while sentiment turns negative. Regardless, note that the previous
(Cont) đ
