Kobra0012

#BTC - after a quite large decline recently, it has normalized, and in connection with pleasant news in the economy, we are expecting a future rise.
What happened in the economy? 👇

Inflation in the USA has slowed down to 2.3% — the lowest level since February 2021 (expectation: 2.4%, previous value: 2.4%). ➡️ The decrease in inflation to 2.3% gives the Fed room for possible rate cuts, which could support cryptocurrency growth, which is very pleasing. 🤑

$BTC after the corrective phase, it sharply went down, liquidating a huge portion of bulls. After that, a large zone begins to form where it will likely go - 106,000💵
After liquidity, nothing holds it down and logically, it should go up.
But let's keep our eyes on the prize and watch if liquidation starts to accumulate around 102,000💵. In my opinion, if it breaks the heavy support zone (clearly shown in the photo) - 102,300💵, we will be facing a significant drop. But I am optimistic.

What you think about #PEPE ?
On my opinion, next target will be: 1600+
A small correction is now taking place after the bullish push. I think, everything will be fine!😀🤑$PEPE