Today PPI will come out, if it is higher than expectations then bitcoin goes down, if it is lower bitcoin goes up.
However, considering that yesterday's CPI fell, Bitcoin should be stable even though today's PPI rose.
The FED has signaled that it will cut interest rates at least in September, but if the data continues to fall the interest rate cuts will be sooner.
And that's good news for us
Our enemies are MT Gox and Germany, they will really influence the market in the next few days
$BTC $ALGO
