The wait is almost over. Today at 13:30 the U.S. Bureau of Labor Statistics will release the CPI (Inflation) data. Historically, this is one of the most volatile hours for the crypto market.
What to Expect:
Scenario A (Lower than expected Inflation): If CPI comes in low, expect a massive "Green Candle." Bitcoin could easily reclaim the $72,000 zone as the Dollar weakens. 🚀
Scenario B (Higher than expected Inflation): If inflation remains sticky, we might see a quick flush toward the $65,000 - $67,000 support to shake out the weak hands. 📉
My Trading Strategy:
I am not opening any positions before the news. I will wait for the initial "Liquidity Sweep" and then look for a reclaim on the 15-minute chart.
Key Levels to Watch:
Support: $67,400
Resistance: $71,200
⚠️ Risk Warning: High leverage during CPI is suicide. Stick to Spot or 3x leverage today!
What is your prediction for today's CPI? 👇
Bullish (Moon) 🚀
Bearish (Dip) 📉
Drop your target price below!
