#CryptoCPIWatch CPI Data Incoming — Will Bitcoin Bounce or Break?
The U.S. CPI report drops today, and the crypto market is holding its breath.
Scenarios to Watch:
CPI ≤ 2.3%: Market could rally. Bitcoin may shoot past $110K+.
CPI > 2.4%: Inflation pressure remains. BTC might dip below $100K.
Neutral Print: Expect consolidation—no big moves until the next macro trigger.
Current Vibes:
BTC: ~$103K
ETH: ~$2.47K
Traders are cautious. RSI shows bullish divergence—could be a fakeout or the start of a recovery.
My Take: If CPI cools off, altcoins might fly. Watching $BTC, $ETH, $SOL, and $PEPE for key breakouts.
Will CPI data pump or dump crypto?
Drop your thoughts below & hit that follow for the post-data breakdown!
#Crypto #bitcoinhakving #BinanceSquare #cpi #MacroMonday