US CPI came in hotter than expected ๐ฅ
Headline: 3.7% vs 3.6% expected
Core: 2.6% vs 2.5% expected
Both prints beat forecasts. This adds pressure on risk assets and reduces the odds of near-term Fed easing.
$BTC is now at risk of losing the $80K area if selling pressure picks up. A sustained break below could open a deeper correction.
Are you reducing risk here or buying the dip?
#CPI #Bitcoinโ
Headline: 3.7% vs 3.6% expected
Core: 2.6% vs 2.5% expected
Both prints beat forecasts. This adds pressure on risk assets and reduces the odds of near-term Fed easing.
$BTC is now at risk of losing the $80K area if selling pressure picks up. A sustained break below could open a deeper correction.
Are you reducing risk here or buying the dip?
#CPI #Bitcoinโ