A correction is imminent. can go back to 59k $BTC | cryptovlogger on Binance Square

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Bearish

A correction is imminent. can go back to 59k $BTC 

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BTC

65,517.27

-0.17%

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swiping the lower liquidity and also A good CPI data will now provide confidence to market and can pump big soon $BTC

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It's CPI data today which will decide whether Fed will take down interest rates or not . yesterday PPI data was good which pushed the market up. expecting CPI data to be good too . which means pump in whole crypto market $BTC

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BTC can break the 62500 barrier . Also tomorrow is the CPI data release date. This data will decide whether to cut or not cut interest rates by FED. $BTC

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Bitcoin is close to 4h 200 ema and seems like it can break it with a good volume now. also there is CPI data to be released on 13 august which will lead to the decision of cutting down interest rates or not $BTC

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BTC can flip 62500 soon possibly $BTC

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