๐จ Crypto Market Update ๐จ
1. Product Price Index USA was announced below economists' forecasts = bullish ๐ At the same time: 1 billion #USDT minted at Tether Treasury ๐จ High probability of a pump in the crypto market ๐จ
Not financial advice โ ๏ธ
2. ๐จ Given the low value of the product price index USA, #inflation, which will be announced tomorrow at 15:30, is very likely to be 2.9 or even 2.8 = the lowest value in the last 4 months = bullish ๐
๐จ The probability of seeing a final correction towards 47-50K has drastically decreased..
The BTC death cross occurred on August 10 at a price of 60,938. Since August 10, the price has dropped to 57,666 = 5% dump.. It is very likely that this is the maximum negative effect of the death cross..
Overall perspective on BTC: #bullish ๐