$BTC ALERT: US Inflation Data Today! 🇺🇸
Big day for crypto! US CPI report is dropping today at 8:30 AM ET.
This time it is a little different. Because of the US shutdown, we will NOT get year-to-year comparison. Only month-to-month numbers will come.
What is market expecting?
Headline CPI: 0.3%
Core CPI: 0.2%
3 possible results:
🔴 HOT CPI: Inflation higher than expected - Bad for $BTC, market can dump.
🟡 AS EXPECTED: Market will stay confused for some time, traders will wait.
🟢 COOL CPI: Inflation lower than expected - Good news! $BTC can get a relief pump.
Today keep an eye on $BTC, $ETH and Dollar.
What is your prediction?
#btc #cpi #crypto
Big day for crypto! US CPI report is dropping today at 8:30 AM ET.
This time it is a little different. Because of the US shutdown, we will NOT get year-to-year comparison. Only month-to-month numbers will come.
What is market expecting?
Headline CPI: 0.3%
Core CPI: 0.2%
3 possible results:
🔴 HOT CPI: Inflation higher than expected - Bad for $BTC, market can dump.
🟡 AS EXPECTED: Market will stay confused for some time, traders will wait.
🟢 COOL CPI: Inflation lower than expected - Good news! $BTC can get a relief pump.
Today keep an eye on $BTC, $ETH and Dollar.
What is your prediction?
#btc #cpi #crypto
