BTC $75,462 - CPI TOMORROW! BUY? SELL? WAIT? VOTE NOW 👇
Learn Safely on Binance: https://www.binance.com/join?ref=1044484134
9 PM Update | Mon, Nov 9
BTC: $75,462 (-0.83%)
ETH: $2,141 (-4.05%)
Total Market: $2.55T (-2.8%)
Fear & Greed: 25 - EXTREME FEAR
WHAT HAPPENED TODAY?
1. BTC fell to $73,510 on Sunday - lowest since August - then bounced back above $75,000. That $73,510 low is now the level everyone is watching.
2. Over $1.12B liquidated in 24h, 90%+ were LONGS. ETH got hit harder than BTC: $497M ETH liquidated vs $305M BTC. Biggest single liquidation: $48.16M ETH/USDT on Binance.
3. Why the fall? Strong US jobs report pushed Dec Fed rate HIKE odds to 80.5%. Plus ETF outflows: BTC ETFs -$1.28B last week, ETH ETFs -$365M. Plus Nvidia volatility + Iran tensions.
TOMORROW - TUESDAY CPI - THE BIG ONE:
US October CPI at 6:30 PM PKT / 8:30 AM ET. Expected 3.9% YoY, up from 3.7% in Sept.
- Soft CPI (below 3.9%) = Hike fear eases, relief rally possible
- Hot CPI (3.9%+) = Dec hike almost locked, more downside possible
Friday also has PPI.
KEY LEVELS (Education Only):
Support: $73,200 (200-day MA) / $72,850 liquidation cluster
Resistance: $76,250 / $77,700
BTC is trading BELOW short-term holder cost $75,691 and BELOW 50-week MA $75,492. That is why institutions are cautious.
DISCUSSION POLL - VOTE HONESTLY 👇
A) BUY THE DIP - Fear is opportunity, BTC at $75K is discount
B) SELL / STAY OUT - CPI hot aayega, aur dump aayega
C) WAIT TILL CPI - No trade before Tuesday, capital protection first
Comment A / B / C + 1 line WHY
My Take: I am C - WAIT. $1B liquidation ne sikha diya, leverage + CPI week = danger. Learn First, Earn Later.
Question For Discussion:
If CPI comes HOT tomorrow, where do you think BTC goes first - $72K or $78K? Comment your target.
Follow for Daily REAL Learning - No Fake Signals!
Trade Safely on Binance: https://www.binance.com/join?ref=1044484134
$BTC $ETH #CryptoNews #BinanceSquare #CPI #Bitcoin #CryptoLearning