ganuzaceeyahp pfp
ganuzaceeyahp
@ganuzaceeyahp
With the latest US CPI data exceeding expectations, Bitcoin (BTC) may face increased volatility next week. Rising inflation could pressure risk assets, potentially driving BTC prices lower if investors favor safer options. The MACD indicator, if crossing below the signal line, would signal bearish momentum, suggesting a possible decline. Meanwhile, an RSI near 30 might indicate oversold conditions, hinting at a potential rebound if buying interest returns. However, sustained inflationary fears could keep BTC under pressure, with key support levels around $90,000 being tested. Monitor both indicators closely.
0 reply
0 recast
0 reaction