🗓️ CPI lands tomorrow (Tuesday). Last month's gasoline-driven +0.6% pushed annual inflation to 3.7%, the highest since May; economists expect +0.2% for October, per CoinDesk.
$BTC is $74,877 (-1.5%) after losing its 50-week moving average and $1B+ of long liquidations, per The Block. The 24h low is $73,333.
What does bitcoin do after the print?
1️⃣ Cooler than expected, it bounces
2️⃣ In line, it chops sideways
3️⃣ Hotter, it breaks the low
I'm taking 3️⃣ after a 3.7% reading. Reply 1, 2 or 3 and I'll post the result after the print 👇
$BTC
#BinanceSquare #WriteToEarn
$BTC is $74,877 (-1.5%) after losing its 50-week moving average and $1B+ of long liquidations, per The Block. The 24h low is $73,333.
What does bitcoin do after the print?
1️⃣ Cooler than expected, it bounces
2️⃣ In line, it chops sideways
3️⃣ Hotter, it breaks the low
I'm taking 3️⃣ after a 3.7% reading. Reply 1, 2 or 3 and I'll post the result after the print 👇
$BTC
#BinanceSquare #WriteToEarn
