Djasper
vip

Bitcoin: Week of Decisions from the Fed (CPI & PPI)



This week, all traders' eyes are on the USA:
• June 11 (Wed): Consumer Price Index (CPI)
• June 12 (Thu): Producer Price Index (PPI)

Why is this important for BTC?
These data are the main indicators of inflation in the USA. They will directly affect:
1. Expectations for the Fed rates: Strong data ( inflation above forecast ) will reduce the chances of a rate cut in September → pressure on risk assets ( including BTC ).
2. The dollar exchange rate (DXY): The rise of DXY on "hawkish" data usually puts pressure on crypto.
3. Market Sentiment: Unexpected deviations will trigger a surge in volatility.

What should traders do?
• Expect increased volatility around the publications ( usually at 15:30 MSK).
• Monitor the reaction of DXY and S&P500 - their movement will set the tone for the crypto market.
• Check stop-losses - market spikes are likely.

The current technical context ( support/resistance ) and risks ( miners ) remain in place, but macro may become the main driver of the short-term trend.

#BTC#
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 1
  • Share
Comment
0/400
Hemingway76vip
· 06-09 09:19
Watch closely 🔍
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)