🚨 CPI IS HOT - FED WILL HIKE RATES?

October CPI came in at 0.4% vs 0.3% expected.
Core CPI at 0.3% vs 0.2% expected.

Result?
$BTC
dropped below $74,000
$ETH
dropped below $2,050
$170M+ longs liquidated in 5 minutes

CME FedWatch now shows 100% chance of a Fed rate hike in December.

My View: This is not a crash. This is FEAR.
Fear & Greed Index is at 12 - Extreme Fear.

When everyone is scared, smart money waits.

Will $BTC hold $73,000 or go to $70,000?

Comment: HOLD $73K or DROP TO $70K 👇

Not financial advice.
#BTC #CPI #Fed