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The expectation for
#BTC
.D to drop to 61% suggests that Altcoins may still have another wave of upside movement.
$BTC
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#ETHFI Buy +20% 😜 $ETHFI
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➡️ Core CPI (MoM): 0.2% (vs forecast 0.3%) ➡️ CPI (MoM): 0.2% (vs forecast 0.3%) ➡️ CPI (YoY): 2.3% (vs forecast 2.4%) 💡 Impact on markets: * #BTC : Generally positive → lower interest rate expectations support risk assets like crypto. * Gold: Positive → lower rates weaken USD, boosting gold as a safe-haven. * DXY: Negative → USD likely weakens due to softer inflation data. 👉 Summary: Good for BTC and Gold ✅, bad for DXY ❌. $BTC
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Currently, #BTC is undergoing a correction. The price levels where #BTC could potentially resume its uptrend are around the Fibonacci levels of 0.618, 0.5, and 0.382. $BTC
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