$BTC BRACES FOR PCE DATA AS INFLATION EXPECTATIONS SURGE 🔥
Core PCE is expected to hit 3.4% year-over-year — the highest since October 2023 — and the market is now pricing a 34% chance of a July rate hike. This is the same macro pressure that triggered the last 8% correction in risk assets.
If tonight's print comes in hot, we could see a liquidity sweep below recent support before any structural reaction. The real question is whether the market has already priced this in or if we're about to see a volatility expansion that resets the trend.
Not financial advice. Always manage your risk.
#BTC #Macro #Inflation #FedWatch #Crypto
🔥
Core PCE is expected to hit 3.4% year-over-year — the highest since October 2023 — and the market is now pricing a 34% chance of a July rate hike. This is the same macro pressure that triggered the last 8% correction in risk assets.
If tonight's print comes in hot, we could see a liquidity sweep below recent support before any structural reaction. The real question is whether the market has already priced this in or if we're about to see a volatility expansion that resets the trend.
Not financial advice. Always manage your risk.
#BTC #Macro #Inflation #FedWatch #Crypto
🔥