June 14, 2023
Bitcoin daily chart trend interpretation
The overnight CPI data was lower than expected at 4.1, and 4.0 was announced, which continued to significantly ease inflation. The expectation of no interest rate hike at 2 am tonight rose to more than 90%, so there is a high probability that interest rates will not be raised, which is good for the market, but Powell’s speech may be considered Continuing to be ambiguous and adding to uncertainty over recession
[For more details, see the graphic analysis] Pay attention to the lighthouse