𝗧𝗛𝗘 𝗕𝗜𝗚𝗚𝗘𝗦𝗧 𝗘𝗩𝗘𝗡𝗧 𝗢𝗙 𝗧𝗛𝗜𝗦 𝗪𝗘𝗘𝗞 🚨
🇺🇸 US CPI IS EXPECTED TO RELEASE TODAY AT 8:30 AM ET.
THE EXPECTATIONS ARE OF 2.4% WHILE THE LAST MONTH CPI WAS ALSO 2.4%
HERE ARE A FEW SCENARIOS 👇
1) CPI > 2.4%
THIS WILL BE SHORT-TERM BEARISH FOR THE MARKETS, GIVEN THAT THE LAST TIME CPI DATA CAME LOWER THAN EXPECTATIONS.
HIGHER THAN EXPECTED CPI WILL FURTHER DELAY THE RATE CUT DECISION, WHICH ISN'T GOOD FOR RISK-ON ASSETS.
2) CPI = 2.4%
IN THIS SCENARIO, THE MARKET WILL PUMP, BECAUSE THE OVERALL MARKET MOMENTUM IS BULLISH.
3) CPI < 2.4%
THIS IS THE BEST SCENARIO AND WILL PUMP BTC AND ALTS.
A LOWER THAN EXPECTED CPI WILL INCREASE CHANCES OF MORE RATE CUTS THIS YEAR.
