🔥 The US just announced the CPI index for August at 2.9%, lower than the expected 3.0%. This is extremely sensitive news, immediately impacting risky assets such as stocks and especially Bitcoin.
📊 Meaning of CPI 2.9%
Inflation cooling → Fed has more “excuse” to consider cutting interest rates.
DXY (USD Index) may face downward pressure, creating an advantage for gold and crypto.
The market is implicitly understanding that cheap money is coming back sooner than expected.
💥 Impact on Bitcoin (BTC)
BTC is currently anchored at $114,000, a historic high and extremely sensitive level.
Low CPI news has helped BTC maintain stable prices instead of a strong correction → indicating that buying pressure is still present.
However, the higher it goes, the stronger the risk of fluctuations. Whales could very well 'test liquidity' before BTC heads towards the $120K - $125K range.
📈 Upcoming BTC Scenario
Positive: If BTC holds above $112K, the upward trend will be reinforced → short-term target $120K, further possibly $130K.
Neutral: BTC moves sideways in the $110K - $115K range for the market to absorb CPI news, waiting for the Fed to give a clear signal.
Negative: If profit-taking occurs, BTC may retest $108K - $110K before bouncing back.
👉 Big Question:
Will a 2.9% CPI be enough to trigger a bull run above $120K?
Or is BTC stepping into a 'FOMO trap' before a strong liquidity squeeze?
💬 What do you think – hold tight, take profits, or short against the trend right now?