
Postare
Alexa Hardy
đ¨ [Pharaohâs Market Watch] TONIGHTâS CPI COULD DECIDE BITCOINâS NEXT MOVE. đ
Brothers, $BTC has been trapped between $62K and $66K for five long weeks.
At this point, Iâve watched the range so much Iâm practically doing belly dances. đ
But tonight could finally break the routine.
CPI is the ultimate judge.
My base case? Donât be surprised if BTC first dips to test the downside, shakes out the impatient traders, and then gives us a V-shaped rebound.
And if we get near $65K?
Donât chase.
Chasing a pump here is like chasing a mirage in the desert. Wait for the pullback and let the market come to you.
So why does tonightâs CPI matter so much?
Last weekâs nonfarm payrolls disappointed, and the market was already leaning toward no September rate hike.
Then three stubborn Fed officials pushed back, while Waller openly argued that inflation could still require action in September.
So tonightâs CPI isnât just another economic number.
Itâs the Fedâs imperial sword. âď¸
Overall CPI is expected to edge down from 3.5% to 3.4%, but core services remain stubborn. Inflation is proving about as flexible as Pharaohâs sarcophagus. đ
Pharaohâs two scenarios:
đ˘ CPI comes in mild or weak
September rate-hike expectations could fade further.
Add in roughly $1.1B of ETF net inflows this week, with BlackRock accounting for around 80%, and the demand picture gets interesting.
That could give BTC the fuel to push toward $66K â maybe even the Pharaohâs golden staff. đ
đ´ CPI comes in hotter than expected
Rate-hike odds could jump back above 50%.
Then risk assets could take the elevator down, with BTC potentially pulling back toward $63Kâ$62K.
And if we get there?
Weâll be watching for those âbloody chips.â
đŞ So whatâs Pharaoh doing tonight?
Chasing longs at $64K? No.
Thatâs basically handing the market makers your head and asking them to carry you around.
When CPI drops, grab the sunflower seeds, sit back, and watch the first reaction. đť
#CPIToResetFedBets #AIInfraEarningsWatch #Gold4400HavenBid
Declinarea responsabilitÄČii: conČinutul OKX Orbit este furnizat doar ĂŽn scopuri informative. AflaČi mai multe
RÄspunsuri
ĂncÄ nu existÄ niciun comentariu. FiČi primul care rÄspunde!
Mediatizate pe piaČÄ astÄzi
1#CPIInLineFedWatch

2#AIInfraEarningsWatch
3#Gold4400HavenBid