With CPI reports coming out tomorrow and Bitcoin at a key level, let me break down the influence inflation has on Bitcoin for you.

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Wait.. What is CPI though?

- CPI measures the average change in prices over time for a basket of goods and services, like food, housing, and more. 📊

- It's a key indicator of inflation, which can impact your wallet—and even your Bitcoin stash. 💸💸

How does CPI work?

- Imagine you're buying the same items every month: milk, bread, rent, and a few others. 🥛🍞🏠

- If prices go up, CPI rises = inflation 📈

- If they drop, CPI falls = deflation 📉

Ok.. So why does it affect Bitcoin?

- When CPI shows high inflation, central banks might raise interest rates to cool things down. 🔥

- This can make traditional investments like bonds more attractive, pulling money away from risky assets like Bitcoin 😢

How should you trade it?

- Big news like CPI often brings in big volatility. ⚡

- Bitcoin often sweeps liquidity (highs/lows) and chops to stop all traders out. So STAY PATIENT. 😌

- Let the chop and hunts happen, then see where price is trying to go to stay safer. 🚦

The Big Picture

- CPI and inflation trends can give you an idea of Bitcoin's price wings. 🦅

- For example, if CPI is rising fast, you might see Bitcoin’s price dip as investors seek safer options in the long run. 💼

- Thankfully, CPI has been trending lower. Hopefully, it continues. 📉