3 Hours Left ⏳ – CPI Incoming CPI drops in 3 hours, and the initial move for BTC is likely bearish. March had elevated oil prices due to geopolitical tensions, which could push inflation slightly higher than expected. If CPI comes in hot, markets may price in a stricter Fed for longer — putting pressure on risk assets like Bitcoin. 👉 Expect a fast downside move first, likely sweeping liquidity below before any real reaction. Shorts may have the edge in the first hour. ⚠️ But remember: If CPI comes in lower than expected, this bearish view invalidates quickly and BTC can squeeze hard upward. In short: Bearish first reaction is likely — but data decides everything. Stay sharp with NehalTraders 🐼 Join our VIP for real-time updates & high-quality setups 🚀
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.