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⚡️⚡⚡Important US CPI & inflation data will be published in 10 minutes. 💡CPI data influence all markets including #crypto . CPI directly influence decisions of FED regarding interest rates. Lower rates - more money on the market - more possibilities to buy #bitcoin . 🤔Volatility is expected. Manage the risks... p.s good cpi data can send #BTC above crucial levels. Opposite is also possible - high CPI and $BTC will start falling... #Write2Earn #HOTTRENDS

⚡️⚡⚡Important US CPI & inflation data will be published in 10 minutes.

💡CPI data influence all markets including #crypto . CPI directly influence decisions of FED regarding interest rates. Lower rates - more money on the market - more possibilities to buy #bitcoin .

🤔Volatility is expected. Manage the risks...

p.s good cpi data can send #BTC above crucial levels. Opposite is also possible - high CPI and $BTC will start falling...

#Write2Earn

#HOTTRENDS

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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⚡️ What is next for BITCOIN❓ 📈 Today #bitcoin is rising by 4% trying to consolidate above $72K and reach new ATH. . Most of #crypto is in green zone, altcoins are growing some of them even faster than Bitcoin. ❓So, what is next for #BTC ? Will it be rejected again from this level like a week ago or it is finally the way up? 💡I want to share 4 ideas. 1️⃣ Now $BTC is trying to consolidate above upper border of huge bullish flag pattern on 1D timeframe which I have been writing about(see picture below👇). 📈If it consolidates then there would be most probably retest attempts and then the move back. 📉 If consolidation will not be successful the price will continue the move inside of triangle. 2️⃣ Do you believe that history repeats itself? I believe that it tends to do so. I especially connected the charts from today and from 2020 (whent BTC broke that ATH) together so to see the similarity(see picture below👇). And it is really amazing. $BTC is making the same bullish flag pattern. The same 2 attempts to go down. But what is really amazing look at MACD and RSI indicators - they are like a twins. It is really fantastic🔥. 3️⃣Reaching $72K $BTC liquidated a lot of shorts, however there are still much more liquidity above(see picture below👇) what shows that there is still some potential in upward move. 4️⃣ Interesting fact. All previous times when BTC closed two 1 month candles above upper band of Bollinger Bands it growed by 100% average during 3 following months(see picture below👇). Now two 1 months candles closed above. Will the patter be repeated? 🤔 You can make conclusions for yourself but I think that there is a good chance that history repeats itself. Especially when halving is so near. p.s as I am always saying there are no 100% situations in crypto, so it is always good to take profit from time to time and manage your risks. 🙏If you like my content, tips, likes and subscriptions are appreciated. Much more interesting content are coming! Trade smart, Stay safe! #Write2Earn #HOTTRENDS
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