Today’s CPI Will Decide Which Way Bitcoin’s Coiled Spring Will Launch .
Just a Slightly Lower CPI Than Expected Could Be Enough to Unleash Bitcoin’s Coiled Spring, Sending It Exploding Upwards .
If CPI Comes in as Expected, the Market Is Unlikely to Show Any Surprises and Will Probably Repeat Its Usual Pattern . However , We Shouldn’t Expect an Early and Clean Break of the $123,000 Resistance Level .
If Inflation Prints Higher Than Expected, We May Need to Shift Our Medium-Term Outlook, as the Multi-Month Bull Run Could Come to a Halt
Suggestion: Given the Drop in Bitcoin Dominance Alongside Its Price Increase, If Any Altcoin Fits Your Strategy for Entry, Consider Opening a Position With a Proper Stop Before the CPI Announcement.
Disclaimer: The information provided reflects my personal analysis and opinion only. It should not be considered financial advice. Always conduct your own research before making any investment decisions.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.