$BTC $BNB $USD1
Starting from June 9, specifically upcoming events ..........., but the concern is related to two important events **On June 12 which may cause sharp fluctuations in cryptocurrencies
1. Release of US inflation data (CPI for May)
- If it is higher👌 than expected ➔ Tightening of the Federal Reserve policy = Potential decline in cryptocurrencies, and this is very likely
- If it is lower than expected ➔ Slowing inflation ➔ Potential rise, but some figures close to the writing are not completely satisfied with what is happening, meaning ......
2. The Federal Reserve's decision on interest rates
- Any hint of tightening or delaying interest rate cuts ➔ Strong negative impact on cryptocurrencies, meaning to the craaaash my friend, this is also an opportunity to buy again and wait for the rise to reap the profits 🐳☝️
Why the fear?
- Cryptocurrencies (like Bitcoin) are very sensitive to this data
- Expectations indicate continued inflation, which increases investors' fears of a violent market reaction.
🟢 In summary, buy yourself a lollipop 🫴
The real event is on June 12 and the potential market fluctuations that day will be due to
- Inflation data + Federal Reserve decision
⛔ Trading during this period is not recommended for the faint-hearted 🤣🤣🤣🤣🤣 if you cannot handle sharp fluctuations!
If you read this, leave your mark so we know your opinion, you, Mr. Big Head 🫴