Kenyan wizard /Crypto Enthusiast/blockchain Blogger/Financial Analyst.I'm passionate about all things crypto!From dissecting the latest blockchain DEFI
#CPIWatch The majority of traders believe that the market moves due to charts. Reality? The largest price changes are typically made well before they are indicated on the chart. Crypto traders don't pay attention to this indicator. Why it matters: 📊 CPI impacts the inflation outlook. Inflation expectations impact Fed decisions Liquidity impacts Fed decisions.Liquidity affects Fed decisions. ₿ Liquidity influences Bitcoin It's like a snowball rolling down a hill. Macro traders are already observing the data that can affect the entire market, while most traders are observing its candlestick patterns. One CPI release can cause a flurry of activity in sentiment and Bitcoin price changes in minutes. The edge is not responding quicker. The edge is when they know what the market is watching before the move occurs. Charts show you what has occurred. CPI gives insights into what might follow. Follow the data. Understand the narrative. Be at the forefront of the pack. #CPIWatch #MacroAnalysis #TradingPsychology #CryptoTrading #bitcoin