Have a Blessed Friday everyone ❤️ | CRYPTO MECHANIC on Binance Square

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Have a Blessed Friday everyone ❤️

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From around $2 to here i gave you every single update i could on $XRP All the updates are under this post you can check how i evaluate the chart on each update. If you caught this move. Congrats :)

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Market should keep pushing from here. One candle isn't really enough to change the market trend.

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How US CPI Data Impacts the Crypto Market – A Simple Guide The US Consumer Price Index (CPI) measures inflation by tracking the cost of goods and services over time. This data has a direct impact on financial markets, including crypto. Here’s why: 1. What CPI Signals? Higher CPI = Inflation is rising. Lower CPI = Inflation is slowing. These signals guide the Federal Reserve’s decisions on interest rates. 2. Why Interest Rates Matter? Rising Rates: When inflation is high, the Fed may raise interest rates. This reduces money in circulation, making traditional investments (like bonds) more attractive than crypto. Falling Rates: Lower inflation or stable CPI can lead to rate cuts, increasing liquidity and driving more investment into crypto as a risk asset. 3. Market Reactions High CPI: Crypto prices often drop due to fears of tighter monetary policy. Low CPI: Bullish for crypto as it suggests economic stability and potential for more liquidity. Example: When CPI data surprises the market (higher or lower than expected), Bitcoin and altcoins often show significant price movements within hours. Why It Matters? CPI data is a macroeconomic signal that directly impacts the USD, interest rates, and risk appetite in the market— As we are trading crypto against USD so it has much bigger impact on crypto market as well. Stay informed :)

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$BTC At the important zone now. Once price breaks and hold above this zone. You can say it's the last line to defend for bears. Above that it will be over for bears

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When everyone was too scared to touch the market and was calling for lower prices. We bought the dip. They can't scare us.

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Latest News

XRP Reaches New All-Time High With Significant Surge

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Oklahoma Introduces Bill To Establish Bitcoin As Strategic Reserve Asset

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BNB Surpasses 710 USDT with a 1.86% Increase in 24 Hours

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