Namaste 🙏 | everyone Quick update on #USPPIJump
Have you guys checked the latest US PPI data? It came in higher than expected, which is why we are seeing some movement in the market right now.
When inflation data jumps like this, $BTC usually gets a bit volatile. I’m sharing a chart below (BTC/USD 1 Month) so you can see the current trend. It’s a good time to be careful with high leverage and wait for the market to settle down.
What are your thoughts? Is this a good "buy the dip" moment or should we wait for more red? Let me know in the comments! 👇