🔥NEW YORK FED JUST DROPPED MARCH INFLATION EXPECTATIONS💖💖🤦♂️
One-year inflation expectation came in at 3.42% — slightly below the
3.5% forecast everyone was bracing for (though still higher than last
month’s 3.0%).
This is the kind of “not as bad as feared” data that quietly removes
some fear premium from the market. The Fed has been hyper-
focused on sticky inflation… and today’s print just gave them a tiny
green light that expectations aren’t spiraling out of control.Even
though inflation concerns are still alive, the fact it beat (even slightly)
expectations is enough for smart money to breathe and rotate back
into risk.
We’re likely pushing toward $70K – $71K in the next 24–48 hours.
If we hold above $68K with this momentum, $72K – $73K becomes
the next clean magnet.
I’m bullish coz :Slightly cooler inflation expectations
Prediction markets already pricing lower geopolitical fear → this data
just adds fuel to the risk-on fireBTC has been waiting for any excuse
to break higher, and this is exactly the kind of macro “green light” it
needed
BTC strength after this print?
💰
#BTC #Inflation #Fed #NewYorkFed