💥CONSUMER INFLATION EXPECTATION TODAY💥
Today, few hours from now will be announced the consumer inflation expectation.
Current forecast:
3% one year ahead
2.7-3% three years ahead
2.7-2.9% five years ahead
What does it means for us:
If numbers announced are lower that most probably push $BTC prices UP
If numbers are higher that might cause a sharp drop in $BTC prices.
My personal strategy about that is that I will be placing a buy order at around 92.5 k for BTC.
Scenarios:
Usually after the sharp drop in price there is a buy back it jumps back up for few percent.
If price keep on dropping I will be left with BTC bought at 92k which I believe still will cross 100k this month
If numbers are as expected, nothing will happen, maybe slight decline in prices.
Good luck to everyone, let's see if there will be the 4th sell off for the same reason :)
