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#CryptoCPIWatch
CPI inflation comes in at 2.8% for February, lower than the 2.9% expected.
BULLISH FOR CRYPTO.
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Burak0101
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CPI, WHAT NEXT
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Due to the increasing prices, which are currently displaying green bars, and with other coins also on the rise, it seems likely that the CPI index will be positive. If the CPI index were negative, we would have observed black bars within this short period. However, since green bars are present, it indicates a positive trend in the CPI index. Additionally, because major players, or 'sharks,' are often present around the Trump area, there may be a possibility that they have access to insider information. This could be a reason why the market is currently trending upwards instead of down. #USTariffs
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$BTC You can't stop things like Bitcoin. It will be everywhere, and the world will have to readjust. World governments will have to readjust." —John McAfee, Founder of McAfee Associates
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#TradingAnalysis101 I previously warned about a potential decline in $BTC, and it has now dropped from $94K to $88K, aligning with my prediction. While I believe $BTC has the potential to reach $120K, $180K, or even $250K, it may first experience a downturn toward $45K or $55K. #Bitcoin is currently trading at $88,112, down 6.12%, after breaking below key support levels. The price hit a 24h low of $87,432, signaling strong selling pressure.
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$BNB Short-term analyses indicate price movements show uncertainty: - **RSI**: Neutral; not overbought or oversold. - **MACD**: Bearish signals. - **Moving Averages**: Neutral; potential downtrend if the 50-day MA drops below the 200-day MA. **Support/Resistance Levels**: - **Support**: $546 - $530 - **Resistance**: $582 - $618 **Overall Outlook**: - BNB is in a neutral trend with no strong upward signals. - Price is expected to fluctuate between $550 and $600 in the coming weeks. Investors should exercise caution and monitor key levels, as the overall market sentiment is trending downwards.
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