US inflation fell to 2.9, which is lower than forecast.
On the one hand, it is positive and the recession is postponed. But on the other hand, this is an argument for the Fed to reduce the interest rate more smoothly.
In a word, we have uncertainty and we will see what Powell says. I think there will be a sideways movement and no price movements.
On the other hand, if you look at bitcoin miners and the record high hashrate, you can see the bottom of the price. And accordingly, you can hope for BTC growth👻.
Here 👉 as always, the old woman guessed for two! I still continue to insist on the growth of the asset.
