Followed our prediction of the fake-out and the reversal to the upside from it, as long as we hold back above of it, Bitcoin is going to remain bullish.
↗️ The APT price is accumulating above the $0.90 level. If the price remains above this level during the correction, an upward movement will begin with the goal of reaching the equal highs at $1.
🇺🇸 UPDATE: The White House is considering another stablecoin yield meeting with banks and crypto reps potentially on Thursday, though nothing confirmed per Eleanor Terrett.
🚨 JUST IN: Arthur Hayes says Bitcoin will serve as an early warning signal for coming AI-driven financial crisis, predicting Fed money printing in response will push $BTC higher.
Rising CPI indicates higher prices, which can reduce consumer spending as people can afford fewer goods and services. Conversely, a stable or falling CPI can encourage people to spend more.
2. Interest rates
Central banks, like the Federal Reserve, monitor CPI to set interest rates. Typically, high inflation encourages central banks to cool down the economy with higher interest rates. On the other hand, low inflation could result in lower rates to stimulate business and economic growth.
3. Wages and salaries
Employers may adjust wages and salaries based on CPI to help employees maintain their purchasing power. Unions often use CPI data in wage negotiations.
4. Government policies
Government programs, such as welfare benefits and tax brackets, are often adjusted for inflation using CPI. This ensures that these programs remain effective in real terms.
➖➖➖➖➖➖➖ $SOL holding above the 4H ascending trendline.
After the push toward the $90 area, price corrected and is now consolidating around $83–$85, right on dynamic support. So far, buyers are defending this structure and preventing a deeper breakdown.
As long as the trendline and the $82–$83 zone hold, this remains a higher-low scenario. A clean loss of that level would weaken momentum and open room toward the mid-$70s. ➖➖➖➖➖➖➖ - Binance Killers®
Συνδεθείτε για να εξερευνήσετε περισσότερα περιεχόμενα
Εξερευνήστε τα τελευταία νέα για τα κρύπτο
⚡️ Συμμετέχετε στις πιο πρόσφατες συζητήσεις για τα κρύπτο
💬 Αλληλεπιδράστε με τους αγαπημένους σας δημιουργούς