$BTC Time to Fly Or Liquidation Spike?
Greetings!!!
As you all know CPI is out & Overall what would be the impact of this I have already shared in my post. Trader who are smart & understands the market are triggering their profits with the help of Zones I share, so before moving further let's have a logical discussion over a CPI.
Previous Consensus Actual
Inflation Rate MOM: 0.5% 0.3% 0.2%
Consumer Price Index: 371.67 319.22 319.082
Inflation Rate YOY: 3% 2.9% 2.8%
Core IR MOM: 0.4% 0.3% 0.2%
Core IR YOY: 3.3% 3.2% 3.1%
Conclusion:
Overall All the Readings & Data as Lower than Expected, which is Good for Monetary policies & bearish for Dollar Strength Index.
Guys I have Seen in the past so many times, that potentially Good Readings and Data releases 90% of the times Institutions Exit Liquidity & the price retraced.
STB VS LTB
So the question is how much will it retrace & what are the Bouncing Zones & what about the ALTS money where it will come from & when?
Reasons: Geopolitical, Tariffs & the Trade Wars & most Importantly Stock are Relaxing on Supports.
Solution:
Good Entries are always Solution in critical Circumstances, Please keep that in mind when fundamentals fails then technical are just like heroes for us.
76,732 to 82,351 is clearly mentioned in my last post, I can't just provide everything on the table for you because you guys don't believe analysis you just believe trump 😂
Due diligence is mandatory but still the Key Level which will help you 80,920 to 85,990
IF you are day trader or swing, I provide Zones on a Daily, weekly or Monthly Basis, to only my Members with almost accurate Day.
Be a one to get Benefits.
As always Trade Safe
Your Friend: Showdown_Pro
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