💥 BITCOIN BLOODBATH AFTER HOT PPI! 💥
📉 $BTC just nuked from $124K ATH to under $118K after PPI came in 3.3% vs 2.5% expected.
🔥 Tariffs are feeding inflation, and the Fed won’t cut rates with this mess.
📊 Key Levels:
🛡 Support: $117,500 → Lose this, and $110K is next.
🚀 Resistance: $124,000
⚠ Manufacturing pain now could fuel CPI next month.
📉 Low jobs + high inflation = Fed’s nightmare.
👀 Watch today’s ETF report… the next move could be brutal.
