IEA Explosion, tonight PPI worsens the situation, Bitcoin is about to break the 80k mark



$BTC
Just released breaking news, immediately increasing the difficulty of tonight's market! The IEA just published a report saying that due to the Iran war, global oil supply will plummet by 3.9 million barrels per day this year, while demand only decreases by 420k barrels, and the Middle East has already lost over 1 billion barrels of oil

This is not a minor issue, this is a warning at the level of an energy crisis, directly overturning our previous judgment on the impact of PPI, tonight's market will be much more dangerous than expected

Yesterday's CPI exceeded expectations, which was already bad enough, and now there's an oil bomb, adding fuel to the fire of inflation. Previously we said "Interest rates go up, hold onto your assets," now we must revise: any decline tonight should not be rushed to buy the dip, wait for the risk to be released

This news has already preheated the market's inflation concerns, amplifying the impact of tonight's 20:30 PPI data

If PPI slightly exceeds expectations (5.0%-5.2%), combined with rising oil prices, Bitcoin could drop to 78,500-79,000 USD

Even if PPI is below expectations, the positive effect of rising oil prices will be partially offset, making it difficult for Bitcoin to break through 81,500 USD #美国4月CPI上涨3.8% #沃什确认出任美联储主席
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YangGuangbit
· 4h ago
Professional
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