在路上 🌚⏳ $BTC | THE DOCTOR CRYPTOHUB发布于币安广场

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THE DOCTOR CRYPTOHUB

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在路上 🌚⏳
$BTC 

LIVE

THE DOCTOR CRYPTOHUB

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看跌

$BTC
市场给出了一周的时间，但本周以突破的形式出现，并达到了我们的预期区域

免责声明：含第三方内容，不构成财务建议，并且可能包含赞助内容。详见《条款和条件》。

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The expected Consumer Price Index (CPI) rate for July 11, 2024, is forecasted to show an annual headline inflation rate of 3.1%, down from 3.3% in May. The monthly inflation rate is expected to be 0.1%. For core CPI, which excludes food and energy prices, an annual increase of 3.5% and a monthly rise of 0.3% are anticipated. Regarding the impact on the cryptocurrency market, lower-than-expected inflation can be beneficial. Lower inflation rates can reduce pressure on the Federal Reserve to raise interest rates, potentially leading to more favorable market conditions. This can be advantageous for risk assets like cryptocurrencies, as lower interest rates typically encourage investment in higher-risk, higher-reward assets.

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The price has broken above the resistance line of bearish pennant pattern. If the market confirms the support above this range then the market will move towards 60300$ , Hope the market will take rejection from this range but If the market breaks the range of 60300$ then the market will move towards 62k and from there a clear dejection is anticipated

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Let's look at the market in retail style👀 The price action is forming a bearish pennant pattern, suggesting a potential continuation of the downward trend. Key support is near 53,000, with a potential for further declines if this level is breached. We should be cautious and watch for a breakdown below the support line, which could signal further bearish momentum 📉

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Has the market completed my update? Yes the market definitely completed my update and is worked perfectly 🫣👌

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In my previous market update, I mentioned that we might see weeks up to 54k. However, the market has surprisingly shown weeks below 54k. The zone mentioned in the update is trading around that level. Once my mentioned point is reached, we can expect the market to drop again, potentially down to 55k. 📈

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