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Abbas🎩👾
@abbass.eth
BTC Exchange Liquidation Map.
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Abbas🎩👾
@abbass.eth
• Bitcoin traders may be optimistic due to potential September rate cut by the Federal Reserve if inflation data is lower than expected. • Analysts anticipate a low Consumer Price Index (CPI) print, leading to speculation about a larger rate cut. • However, a higher-than-expected CPI could cause a Bitcoin sell-off. • The market is divided on Bitcoin's next move, with a significant increase in Bitcoin Open Interest since September 7. Crypto commentator AlphaBTC believes the September 10 spot Bitcoin exchange-traded funds (ETF) inflows indicate anticipation of positive CPI data. • Spot Bitcoin ETFs saw cumulative inflows of $117 million on September 10, the highest since August 26. NFA - DYOR
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Roula Az 🅰️🎭
@roulz
Great recap as usual🌹
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