hamnegar
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Bearish
💥💥💥𝗝𝗨𝗦𝗧 𝗜𝗡: US PPI came in at 3.3% above expectations of 2.5%.
HOLY FCUK!!
‼️‼️‼️İ asked grok about this and it answerwd me like this :
❌❌❌❌ The July Producer Price Index (PPI) came in at 3.3% year-over-year, notably higher than the 2.5% forecast 📊.
This hotter-than-expected reading highlights persistent inflationary pressures, which could force the Federal Reserve to take a more cautious stance on aggressive rate cuts. As a result, both stocks and crypto and $BTC may face short-term downside pressure 📉. My outlook sees Bitcoin potentially dipping toward $85K in the near term before staging a recovery to the $100K level by year-end — provided that a rate cut in September still materializes. ⏳📈#PPI
HOLY FCUK!!
‼️‼️‼️İ asked grok about this and it answerwd me like this :
❌❌❌❌ The July Producer Price Index (PPI) came in at 3.3% year-over-year, notably higher than the 2.5% forecast 📊.
This hotter-than-expected reading highlights persistent inflationary pressures, which could force the Federal Reserve to take a more cautious stance on aggressive rate cuts. As a result, both stocks and crypto and $BTC may face short-term downside pressure 📉. My outlook sees Bitcoin potentially dipping toward $85K in the near term before staging a recovery to the $100K level by year-end — provided that a rate cut in September still materializes. ⏳📈#PPI
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