🚨Very Urgent News🚨 CPI Data Released & Finally Some Positive Signs✨
For the first time in 36 months, inflation in America fell to 3%. The Fed will now seriously consider cutting rates soon. This is Strongly negative for the US dollar and strongly positive for gold and crypto. Probabilities of lowering US interest rates at the next meeting rise to 83% after positive inflation data. Before today's inflation report, markets saw a 67% chance of a rate cut by the next meeting...
$BTC is now at $58,800 and if it breaks to $59,000 and stays above that level for 1 hour we could see an increase to the +$60K levels today or tomorrow.
We will have too much volatility now as the #BTC Spot ETF market has opened with a lot of buying pressure and the market seems getting ready to recover after this positive news.
Altcoins season starting soon??? Well I'll update you with the answer in my next post...
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