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Bullish
Bitcoin in danger? If U.S. CPI comes in above 3.7%, BTC bulls will be tested again!

The three words Bitcoin least wants to hear right now may be “high inflation.”
The U.S. October CPI report is due on November 10, and the market is focused on whether inflation can continue to cool. If the data comes in above expectations again, the probability of a Fed rate hike in December could rise further.
Why is BTC on edge? Although Bitcoin is often called digital gold, its short-term trading dynamics are more like those of a volatile risk asset. Rising rate expectations could strengthen the dollar and tighten liquidity expectations, making speculative funds more likely to hit the brakes first.
If CPI comes in hotter than expected, BTC could face short-term selling pressure, and leveraged longs should be especially cautious. Don’t forget, the crypto market is best at making bullish traders suddenly start studying stop-losses.
Conversely, if core inflation cools, the market may once again bet on the Fed pausing rate hikes, giving BTC a chance to rebound.
But keep in mind: favorable CPI data doesn’t mean Bitcoin will take off immediately. ETF fund flows, the dollar’s direction, and market risk appetite matter just as much. #每周来晒 and #U.S. October CPI set to be released
In a nutshell: Tonight, BTC isn’t just trading inflation—it’s also trading the Fed’s next move.$SNDK
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Can BTC hold steady this time? 🤔
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Can BTC hold steady through this move? 🤔
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Can BTC hold steady this time? 🤔
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Can BTC hold steady through this move? 🤔
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Can BTC hold steady this time? 🤔
Spicy hand coins
Can BTC hold up this time? 🤔
Spicy hand coins
Can BTC hold steady this time? 🤔
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