The US CPI data will be released soon. Will this data give Bitcoin a boost? The market is holding its breath, betting on whether there will be a big move this time. Either a sharp rally or a bloodbath decline.
The key depends on how the inflation data performs—if it's weaker, the Fed's pressure eases, and bears may give up; if it's stronger, the rate cut expectations will be delayed again, and funds might withdraw.
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MetaverseVagrant
· 01-16 10:35
As soon as the CPI data is released, you'll know its authenticity. However, I bet on weak data; the bears should surrender and throw in the towel.
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CryptoTarotReader
· 01-15 22:54
It's that time again for CPI data release. To be honest, I'm already numb. Every time they say "it's about to move," but it still just fluctuates within the range.
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governance_lurker
· 01-15 19:03
It's the same story again, when CPI comes out, Bitcoin has to move, really?🙃
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MEVHunterZhang
· 01-13 12:17
Phew, it's "See you tonight," every time they say that, and what happens? Still sideways trading until dawn.
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BlockchainNewbie
· 01-13 12:16
Holding your breath is used to the extreme; tonight is really casino time.
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token_therapist
· 01-13 12:06
Here we go again. This set of talking points is always on point. When the CPI data is released, it still depends on the Fed's stance.
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NftBankruptcyClub
· 01-13 12:02
Holding your breath for this part is really amazing... I bet on weak data, and when the Fed eases, Bitcoin soars.
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SchrodingersPaper
· 01-13 11:57
I'm damn it, staying up all night again. As soon as the CPI is released, it will directly determine whether I win passively or lose passively.
#美国消费者物价指数发布在即 $BTC is about to move.
The US CPI data will be released soon. Will this data give Bitcoin a boost? The market is holding its breath, betting on whether there will be a big move this time. Either a sharp rally or a bloodbath decline.
The key depends on how the inflation data performs—if it's weaker, the Fed's pressure eases, and bears may give up; if it's stronger, the rate cut expectations will be delayed again, and funds might withdraw.
We'll find out tonight.