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would be bearish or bullish tomorrow ?
bullish
80%
bearish
20%
15 votes • Voting closed
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#CPIWatch refers to monitoring the Consumer Price Index (CPI) in relation to Binance, a cryptocurrency exchange. The CPI is an economic indicator that measures inflation by tracking changes in the prices of a basket of goods and services. Here's what you need to know about CPI and its potential impact on Binance: - *Inflation indicator*: The CPI is a key indicator of inflation, which can influence cryptocurrency markets, including Binance's trading activities. - *Market impact*: Inflation data can affect investor sentiment and market volatility, potentially influencing cryptocurrency prices and trading volumes on Binance. - *Economic analysis*: Traders and investors might use CPI data to make informed decisions about their investments in cryptocurrencies like those traded on Binance. Binance Coin (BNB) price analysis often involves technical indicators and market trends. Recent analysis shows BNB has short-term bullish momentum with a price around $894.10, but mixed signals suggest caution: - *Price prediction*: BNB is expected to consolidate between $865 and $910, with a 75% probability of upside based on weekly indicators. - *Technical analysis*: Mixed momentum signals, with MACD indicating a strong sell and ADX showing waning trend strength. - *Market outlook*: Analysts remain cautious about BNB's price movement, awaiting a breakout above $910 for bullish confirmation ¹ ². Keep an eye on CPI announcements and their potential effects on cryptocurrency markets like Binance for informed trading decisions.
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#BinanceFutures Join the competition and share a multi-token prize pool worth up to 1 million #USDT #night $btc $xrp #zec #sol https://www.binance.com/activity/trading-competition/futures-sprint-wk1211
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Grab a Share of the 720,000 AVNT Prize Pool https://www.binance.com/activity/trading-competition/trading-sprint-challenge-campaign
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