CPI lands Tuesday and the market is already braced for a Fed hike.
December hike odds sit near 77% (Secureshift).
$BTC is holding about $75,800 after a $74,900โ$81,000 weekly range.
Spot BTC ETFs bled roughly $1.28B last week, the biggest weekly outflow since late June.
Fear & Greed reads 39.
My take: price held up better than flows. That's encouraging, but it isn't a reversal until ETF inflows return. A hot CPI print could test the $75K line fast.
Where does $BTC close Tuesday: above or below $75K?
Not financial advice.
#CPI #Bitcoin #Fed #ETF
December hike odds sit near 77% (Secureshift).
$BTC is holding about $75,800 after a $74,900โ$81,000 weekly range.
Spot BTC ETFs bled roughly $1.28B last week, the biggest weekly outflow since late June.
Fear & Greed reads 39.
My take: price held up better than flows. That's encouraging, but it isn't a reversal until ETF inflows return. A hot CPI print could test the $75K line fast.
Where does $BTC close Tuesday: above or below $75K?
Not financial advice.
#CPI #Bitcoin #Fed #ETF