CPI Data & BTC's Potential Reaction – What to Expect?
The release of today’s CPI data is critical for BTC’s next move.
📊 A CPI below 0.3% suggests cooling inflation, which could boost BTC as market sentiment turns positive.
📊 A CPI exactly at 0.3%, in line with expectations, may lead to a stable BTC with little to no significant movement.
📊 A CPI above 0.3% points to increasing inflation concerns, potentially weakening BTC as investors brace for tighter monetary policies.
Stay alert for potential volatility around the release! 🔥📉📈