#BTC #crypto2023 Pay attention to the Cpi data at 8:30 this evening. Can this data bring short-term fluctuations to BTC every time?

Cpi data is the U.S. Consumer Price Index. If the U.S. stock market cannot rise now, it means that the U.S. banking system is beginning to collapse. Then we have to look at the CPI data at night to see whether it is a negative signal.

1️⃣The current forecast is 6%

2️⃣If the value announced by the market is higher than 6%, as long as it is not higher than 6.4, it is not considered a significant interest rate difference.

3️⃣If the result is 6.5% or above, the market may retreat.

The main reason is that raising interest rates in the United States will cause the banking system to collapse, but when interest rates are not raised, there is no way to deal with inflation.

Remember to prepare for risk prevention in advance at night and be prepared to face unpredictable CPI data.