$BTC $ETH $SOL

BTC will rise , I was busy and didn't update on the CPI and it's impact on the overall market . CPI was better than forecast it should have the positive impact upon but it had a negative impact. As we demand is slowing down and consumers aren't spending . The US economy is consumer driven . It's not a manufacturing base economy like China. 2nd Quarter growth is moderating as compared to First Quarter , It's all because consumers are not spending , Here comes the point when consumers are not spending how companies will earn. When a report was published and investors saw drop in prices , they started selling . That's why we saw 4 to 5 drop in stocks. NVIDIA 5 percent down, Tesla 7 percent down. same case with other Tech Giants . It's a direct relationship between Prices and earnings . If Prices are dropping how will companies report good earnings . S&P was down 1 percent and NASDAQ was down 2.2 percent . Softer than expected CPI triggered sell off . The impact on BTC and Ethereum is not as much as expected . Now hundred percent pivot before September to cut interest rates. this will push positive sentiment and will drive the prices up again . short term sell are normal . markets have seen 3 to 4 percent sell offs when Inflation was rising in first quarter . Sentiment is getting more and more positive and this will push the prices a lot higher . Bitcoin is on the verge of take off . hold positions and don't penic. We have something positive to cheer and don't listen and follow anyone who is posting negative with bunch of support and resistance lines to guide it's going here and there. It's all crap . Bitcoin will hit 72k in August and 100k in September