$BTC
Right now, things are a bit dicey for Bitcoin. The latest US CPI numbers came in hotter than expected, which usually puts pressure on the whole crypto market. So, in the short term, I lean a bit bearish. But that doesn’t automatically mean a crash. I’d watch how yields, the dollar, and Bitcoin’s support levels react over the next few sessions.
#CPIWatch
Right now, things are a bit dicey for Bitcoin. The latest US CPI numbers came in hotter than expected, which usually puts pressure on the whole crypto market. So, in the short term, I lean a bit bearish. But that doesn’t automatically mean a crash. I’d watch how yields, the dollar, and Bitcoin’s support levels react over the next few sessions.
#CPIWatch