CPI DATA TODAY
THE MARKET EXPECTATIONS ARE 2.5%, WHILE LAST MONTH CPI DATA WAS 2.3%.
IF CPI COMES HIGHER THAN 2.3%, IT'LL BE THE FIRST CPI INCREASE IN 3-4 MONTHS.
CPI = 2.5%:
THIS WILL INITIAL RESULT IN A SMALL DUMP, FOLLOWED BY A REVERSAL.
THE REASON IS THAT MARKETS ARE IN A GOOD MOMENTUM, SO NEUTRAL NEWS MEANS BULLISH NEWS.
CPI < 2.5%:
EVERY CRYPTO HOLDER IS PRAYING FOR THIS SCENARIO.
IT'LL PUMP THE STOCK MARKET, BITCOIN, AND ALTCOINS. MIGHT SEE SHARP PUMP AND DUMP BUT CLOSE IN GREEN.
#Be careful with your trades 📈
THE MARKET EXPECTATIONS ARE 2.5%, WHILE LAST MONTH CPI DATA WAS 2.3%.
IF CPI COMES HIGHER THAN 2.3%, IT'LL BE THE FIRST CPI INCREASE IN 3-4 MONTHS.
CPI = 2.5%:
THIS WILL INITIAL RESULT IN A SMALL DUMP, FOLLOWED BY A REVERSAL.
THE REASON IS THAT MARKETS ARE IN A GOOD MOMENTUM, SO NEUTRAL NEWS MEANS BULLISH NEWS.
CPI < 2.5%:
EVERY CRYPTO HOLDER IS PRAYING FOR THIS SCENARIO.
IT'LL PUMP THE STOCK MARKET, BITCOIN, AND ALTCOINS. MIGHT SEE SHARP PUMP AND DUMP BUT CLOSE IN GREEN.
#Be careful with your trades 📈