What to Expect This Week after Cpi data release:
A cut in interest rates could stimulate job growth, which may lead to inflation. As a result, we expect today’s CPI data to show a slight increase. This could raise speculation that the Federal Reserve might raise interest rates again to control inflation. A rise in interest rates could make traditional assets like bonds more attractive, offering higher returns. Consequently, investors may sell off their cryptocurrency holdings and invest in bonds, potentially triggering a large sell-off in the crypto market and causing prices to dip.$BTC #CPIReport
My Prediction
Sell Btc/usdt
Sell Xau/usd
Buy usd/xxxx