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🛑🛑🛑BTC Urgent Update Urgent Urgent Urgent🛑🛑🛑

Important update for Bitcoin after inflation news: inflation has risen to 2.7%, and this may lead to the Federal Reserve not lowering interest rates, so this is very negative news that may reflect in raising interest rates, which is fundamentally negative for Bitcoin. I talked to you about Bitcoin since it reached the 123,000 area. I told you that the rise was immediate and would decline as soon as the American news approached, and that’s what happened. Bitcoin dropped 2,500 points yesterday. Today it dropped by more than 2,500 points, literally. Most of them started taking profits after it bounced at 98,200, so do not expect anything now. It's just a correction that may last until the initial areas, which are 111,900, the beginning of the real rise. Currently, Bitcoin is targeting 122,000 again. The four-hour close is positive. The arrow may target the 119,000 level if it fails to break another low, but I see a possibility of rising. The target is to break the 118,800 level at a simple support level. The 118,400 level is subject to fluctuations. We have another support, 116,250, which is a good level and can rise, so we wait and see, but as I mentioned, unfortunately, the inflation news is negative.