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BREAKING: ๐บ๐ธ #US #inflation falls to 3.4%.
BREAKING: ๐บ๐ธ
#US
#inflation
falls to 3.4%.
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#BTC We may see some Pullbacks in the #Alt market as Bitcoin corrects the trend between 64K and 64.5K
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๐ #RIC_Edelman expects #Bitcoin to reach $420,000 by the end of the decade. โก๏ธRic Edelman, the founder of Edelman Financial Services, which manages assets worth over $291,000,000,000+. ๐ CEO of Galaxy Digital predicts BTC to rise above $75,000 by the end of June this year. ๐ Founder of Cane Island Alternative Advisors expects Bitcoin to surpass $100,000 by the fourth quarter of 2024 or at the latest by the second quarter of 2025. ๐ CEO of 10T Holdings believes the crypto market is entering a "hyper-growth phase," and Bitcoin will soon reach $90,000. ๐ Pantera Capital's forecast - BTC to reach $114,000 by August 2025. Your reactions โ interest๐ฅ $BTC
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#US - #CPI (Apr): MoM = +0.3% (expected +0.4% / previously +0.4%) YoY = +3.4% (expected +3.4% / previously +3.5%) Core CPI = +3.6% yoy (expected +3.6% / previously +3.8%) Inflation is still confirmed at 3.4%. This is very high from the level the #Fed is expecting. On the back of yesterday's PPI there were expectations to see 3.5-3.6. But overall the situation is still complicated by the fact that there are no clear views on when the US will be able to control inflation, when the Fed will cut interest rates and when the situation will stabilize. How long this decline in the #dollarindex will be within the medium term is unclear. We will watch the situation further
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#OnChain Analysis Alert Two newly created wallets withdrew 3,045 $SOL #SOL (approximately $438K) from #Kucoin and subsequently purchased 22.79 million #GME tokens at an average price of $0.019 |
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#News #CPI #Inflation Inflation news ahead. The market got a mixed PPI yesterday which made Powell nervous. It is rare for a PPI report to come out a day EARLIER than a CPI report PPI + CPI macro data have a very strong correlation. Failure of PPI to meet expectations can cause a more significant reaction in the markets There is a high probability of unpredictable CPI. Traders expect inflation to fall by 0.1% to 3.4% from the previous 3.5%. *In general, news is an unpredictable factor and I recommend not to trade before and during the news!*$BTC
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