😛 #bitcoin 's Fate Amidst Market Uncertainty: $23,500 Target Looms😛

$BTC faces bearish sentiment and growing #FUD.

#FTX 's uncertainty with $SOL has materialized as predicted.

Market makers are pumping and then dumping altcoins to clear short positions.

Bitcoin's next move is critical; we're monitoring several options before the $23,500 target.

This week, CPI and PPI reports will impact short-term market trends:

CPI above 0.6% = BearishCPI below 0.6% = BullishPPI above 0.4% = BearishPPI below 0.4% = Bullish

In summary:

Possible fake rally to $28,600, followed by a drop.Sideways consolidation and then a drop.Target remains $23,500.

Upcoming events: Wednesday: CPI Thursday: PPI"

This concise version provides a brief overview of the Bitcoin market and the key factors to watch in the coming week.

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