🚨 Breaking: US CPI Falls to 3.4% 🚨
➡️ US CPI: 3.4% vs. 3.5% last month
➡️ Core CPI: 3.6% vs. 3.8% last month
Both in line with expectations, signaling a bullish trend for #Bitcoin
Market Insights:
➡️ 4H $BTC chart indicates Breakout
➡️ SP500 nearing new ATH
➡️ Rate cuts anticipated in 2024
➡️ Potential blow-off top for stocks and crypto
Stay tuned for more updates and analysis!
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$BTC Waiting for CPI Data 🚀
#Bitcoin is currently near a significant breakout point, Approaching a key breakout point near the Symmetrical Triangle and 200-Day EMA resistance.
Resistance Level: $63,300
Support Level: $61,400
Trading Advice:
- Wait for a confirmed breakout before entering any leverage trades.
- Avoid high leverage positions for now.
Stay cautious and keep an eye on the #CPI data release.
#DEFI #cardano #Polygon $BNB $USDC
#Bitcoin is currently near a significant breakout point, Approaching a key breakout point near the Symmetrical Triangle and 200-Day EMA resistance.
Resistance Level: $63,300
Support Level: $61,400
Trading Advice:
- Wait for a confirmed breakout before entering any leverage trades.
- Avoid high leverage positions for now.
Stay cautious and keep an eye on the #CPI data release.
#DEFI #cardano #Polygon $BNB $USDC
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