CPI data revealed, where will BTC go?

The U.S. Consumer Price Index (CPI) data for September will be released at 20:30 (Hong Kong time) on October 10, 2024. At present, the market generally expects that the overall CPI will rise by 0.1% month-on-month in September, and the core CPI is expected to rise by 0.2% month-on-month; year-on-year, the overall CPI will drop from 2.5% in August to 2.3%, while the core CPI is expected to remain stable, up 3.2% year-on-year.

Even if affected by market panic in the short term, the decline of Bitcoin is not expected to be too large, and there may be a short-term sharp drop at most. For short-term investors, it is recommended to guard against the risk of callback. Investors who build positions at high positions need to set stop losses and should not chase high excessively, while those who enter the market at low positions should not get off easily. $BTC $ETH #BTC☀ #BTC走势预测