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🧐Today, Friday, I waited until noon to access the release of the US inflation data.

🎯The inflation data came in positive. Fig. 1

In summary:

1) The expected ANNUAL inflation was 2.9%.

It came in at 2.8%, that is, below market expectations.

2) The expected MONTHLY inflation was 0.2%.

It came in at 0.2%, that is, in line with market expectations.

This is very good, as it provides a basis and consistency for a reduction in US interest rates at the next FED meeting,

which will take place next Wednesday, December 10th.

3) Financial markets and Bitcoin are reacting positively, as seen in the charts. Fig. 2

The S&P 500 index is on track to hit a new all-time high.

Bitcoin will also reach new all-time highs,

Because at this moment it is heading towards its MONTHLY VWAP at 102K,

And then it will reach its 200-day moving average, which is at 110K.

These will be important support levels that will serve as the basis for its new all-time highs.

4) The DAILY chart that I now present leaves no room for doubt. Fig. 3.

Stay alert and well-positioned.

Join us in our VITRA GEM.

VITRA will change the lives of those who are VISIONARY.

❤️

Luís Almeida - CEO VITRA VERSE