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There will be more than $6,060,000,0000 worth of Bitcoin short liquidations once $BTC hits $74,100 🥵🔥🔥 #RNDR #altcoins #BlackRock

There will be more than $6,060,000,0000 worth of Bitcoin short liquidations once $BTC hits $74,100 🥵🔥🔥

#RNDR #altcoins #BlackRock

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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𝗧𝗼𝗺𝗼𝗿𝗿𝗼𝘄 𝗖𝗣𝗜 𝗗𝗮𝘁𝗮 𝗪𝗶𝗹𝗹 𝗕𝗲 𝗧𝗵𝗲 𝗠𝗼𝘀𝘁 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗢𝗻𝗲 𝗢𝗳 𝟮𝟬𝟮𝟰 🚨   Read this till the end to know how it'll impact your crypto portfolio.    Tomorrow, the US CPI data will be released at 8:30 a.m. ET   The expectation of CPI data is 3.4% ( Previous: 3.5%).   🔰 Why Is This Important?   Recently, the US economy has been in danger of falling into stagflation.    Along with that, the FED officials have also said that they're planning to keep the higher rates for longer as they fear the rise of inflation.    Last month's inflation data was the primary reason that the market is currently expecting no rate cuts in June.   🔰 Now let's look at the 3 scenarios:   1) Inflation higher than expected    - In this case, the probability of rate cuts will further decrease.    - This will also trigger a market crash, as the market is currently expecting some relief from the FED, which will not happen if inflation rises.   2) Inflation lower than expected    - This will produce some big green candles.    - The probability of rate cuts will also go up significantly, and the market will price in those rate cuts by pumping    - This will be something every crypto holder is expecting.    3) Inflation data will be the same as expected    - In this scenario, I still expect the market to pump.   - The reason is that when everyone is fearing rising inflation, stagnant inflation is also a bullish outcome.    🔰 Conclusion    CPI data always has a significant impact on the crypto market, but this time it could be much bigger.    I would suggest everyone not engage in high-leverage trading during these times, as the volatility could be very high.    👉 Did you find this helpful?Then hit like, repost, and follow me for more quality content. #Memecoins #ETHETFS #cpi
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