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🪙#BTC

📈Updated the recent high and even managed to reach the psychological milestone of 50K, but it has not been broken through yet, and this is crucial!

❗️The current movement still constitutes the second test of the -27% Fibonacci zone. To continue the upward trend, it is necessary, at a minimum, to surpass the 51K level, and ideally, firmly establish above it.

⚠️Today, data on the Consumer Price Index (CPI) in the US is being released — an important indicator in measuring inflation. The Federal Reserve's further course regarding monetary policy will depend on this data. If things go poorly, the market will react accordingly — with a BTC bounce from the -27% Fibonacci zone and a decline.

Therefore, it's better to make trading decisions based on these indicators. Let's observe; the data will be released today at 16:30 MSK. Forecast — 2.9%, current indicators — 3.4%.

Bitcoin dominance: 53.94%;
Fear and Greed Index: 79 (extreme greed);
Altcoin Season Index: 47;
Market capitalization: $1.82 trillion.

www.tg-me.com/pl/wAIge Official/com.waigeofficial/523

9 viewsFeb 13 at 09:32

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Create: 2024-02-13
Last Update: 2024-06-16 18:29:37

🪙#BTC

📈Updated the recent high and even managed to reach the psychological milestone of 50K, but it has not been broken through yet, and this is crucial!

❗️The current movement still constitutes the second test of the -27% Fibonacci zone. To continue the upward trend, it is necessary, at a minimum, to surpass the 51K level, and ideally, firmly establish above it.

⚠️Today, data on the Consumer Price Index (CPI) in the US is being released — an important indicator in measuring inflation. The Federal Reserve's further course regarding monetary policy will depend on this data. If things go poorly, the market will react accordingly — with a BTC bounce from the -27% Fibonacci zone and a decline.

Therefore, it's better to make trading decisions based on these indicators. Let's observe; the data will be released today at 16:30 MSK. Forecast — 2.9%, current indicators — 3.4%.

Bitcoin dominance: 53.94%;
Fear and Greed Index: 79 (extreme greed);
Altcoin Season Index: 47;
Market capitalization: $1.82 trillion.

BY Canal Criptomacondo

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Date: 2024-06-16| wAIge Official

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