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It’s been a while since I talked about inflation. There are also plenty of economic data, but in a bear market, they actually don’t affect the charts much. The last two bear markets were like this.
As the big BTC drops, the impact of economic data on the BTC “doubles” range fluctuations gets smaller and smaller.
I previously looked ahead: CPI is definitely going to surge. It was 2.4 before; now the expectation is 3.3. No matter what number gets released, it’s definitely going to be 2,4. If it’s below 2.4, I think they’re faking it!
Oil prices have risen by nearly a factor of 2—how could inflation not rise? You’ve got to be kidding me!
It’s Friday again. Will Black Friday come?
I’m guessing the big players are going to stir things up—to push it up and break through 728, then in the evening give it a harsh smash down! The whole plan is to do a round-trip to harvest.
I don’t know whether my guess is right—let’s wait and see if time proves it.