A1 CRYPTO TRADING TODAY'S #CPI ANALYSIS ..how we thought that today's cpi data will affect the crypto market 🚀...
With NFP lower and unemployment claims coming in much higher than expected over the last several weeks, investors need a lower CPI number today in order to keep a bullish bias across the crypto market. If not, we will see more sell off today as the Fed has to battle with worse economic conditions and higher inflation.
#Fed are ready to cause more bleeding to make sure we keep seeing decline in the cpi numbers.
✅ If we see rate lower than economic forecast it's bullish across the crypto market.
✅if we see rate higher then economic forecast it's Bearish across the crypto market.
