#CryptoNavigator ✍️
Bitcoin traders target 137K as US CPI boosts Fed rate cut odds to 94%
📈 Bitcoin eyes a 137K target as fresh US CPI data lifts September Fed rate cut chances to 93.9%
With inflation steady at 2.7% and monetary policy likely to ease BTC demand is heating up
BTC currently trades between 118500 and 122190 A close above 120000 could open the door to 130000 soon
Key supports sit at 117650 and 115650 A drop below risks a slide toward 95000 📉
Next week’s PPI release could be the next market catalyst 🌐
MR | #CryptoNavigator ✍️