#BTCNextMove
📅 December 20, 2024
💰 $6.6T Options Expiring
🔽 PCE: 0.1% MoM (vs. expected 0.2%)
🔽 Core PCE: 0.1% MoM (vs. expected 0.2%)
Today is triple witching day, with an unprecedented $6.6 trillion in options expiring, typically leading to increased market volatility. However, the key focus is on the PCE data, which reported lower-than-expected inflation rates: PCE at 0.1% month-over-month against a forecast of 0.2%, and Core PCE also at 0.1% instead of the anticipated 0.2%. This development, closely watched by the Federal Reserve, signals a more favorable environment for the markets. Although we're seeing some volatility, the general trend today leans towards an upward trajectory.$BTC #PCE