📢 BREAKING: U.S. CPI Surprises at 2.7% – Will Crypto Survive the Heat? 🇺🇸🔥
🚨 The latest CPI data came in hot at 2.7% YoY, beating forecasts and shaking up market expectations.
⚠️ Why It Matters:
🔹 Higher inflation = Fed likely delays rate cuts
🔹 Risk assets like crypto & stocks could face short-term pressure
🔹 Increased volatility expected as traders reposition
📊 Bitcoin Levels To Watch:
✅ Support: $BTC 118K – if this breaks, $115K could be next
✅ Resistance: $BTC 122K – breakout here could fuel another leg up
🐋 Whale Watch:
On-chain data shows large wallets buying dips even as retail traders panic. Are they preparing for a bigger move?
💬 Your Take?
Will $BTC hold strong above $118K or are we heading for a shakeout? Comment below 👇