CPI Just Crashed to 1.87% – Is This The Green Light For
$BTC ? 🚀
This five-month low CPI print is massive, crushing inflation fears and fueling massive expectations for Fed rate cuts—potentially 75 basis points this year. Looser liquidity is coming, which is pure rocket fuel for risk assets like crypto.
$BTC already jumped 1.1% toward $93,800. If yields keep falling and the DXY weakens, a quick run to $98,000 is on the table. Smart money is watching
$ETH and DeFi rotate as dominance potentially drops. Market sentiment is soaring with stocks up and VIX cooling to 15. Crucial watch: tomorrow's Core CPI; if it stays above 2%, this rally might stall.
$BTC support sits firmly at $92,000—lose that, and we reassess. Bulls are clearly in control right now.
#CryptoAnalysis #BTC #RateCuts #MarketSurge 🔥