#BTC☀
📣 News can support or break any technical analysis, even if that analysis is based on market tools and its technical indicators and the general community trends. Therefore, the most important news today, December 18, at 08:30 AM Eastern Time, which should be monitored, is the release of Consumer Price Index data 🛍— Expect severe volatility.
Inflation numbers for the Consumer Price Index will be published today — a key indicator closely monitored by the Federal Reserve and Jerome Powell.
🟢 What to watch for:
• A decrease in the Consumer Price Index below expectations → supports the likelihood of interest rate cuts, which is positive for cryptocurrencies.
• A rise in the Consumer Price Index above expectations → may lead to market pressures and sharp volatility.
Key point:
High volatility is likely. Risk management and position sizing are critically important before the data announcement.
