Over $2.9 trillion has been wiped out from major indices and stocks this morning due to growing fears of a global recession. Worst day in US stock market since March 16, 2020.
We have 64300 important support area. Daily candle closed above this level. Howver price is trading below it at 63900. If price keep on falling then we will exit BTC long. Price can still bounce back from here. 66500 is the expected target. #btc #trade $BTC
💭 #Bitcoin has to surge in the coming day or two, failing which the likelihood of it reaching $60,000 or even lower and will sharply increase. $BTC $ETH
$5,170,000,000 WORTH OF SHORTS WILL BE LIQUIDATED. IF #BITCOIN Hits A NEW ATH. As CPI falls, rate cuts may occur sooner than expected. This is the ideal setup for Bitcoin to reach a new high 🔥.$BTC $ETH
$BTC $ETH $USDC The CPI data market seems a little positive, and according to reports, FOMC data will not change, and if it happens, bitcoin will touch 72k✅️ and it might break 72k✅️ resistance price.
Anticipation of CPI data. The core CPI is expected to rise by 0.3% in May, while the headline CPI rises by 0.1%. The core CPI is forecast to reach 3.8%, while the headline CPI is projected to fall to 2.9% year on year. The US Consumer Price Index (CPI) for May 2024 will be issued on June 12, 2024, at 6:00 p.m.