FX_Professor

BITCOIN: Inflation Report = New Volatility 🏄

Largo
BITFINEX:BTCUSD   Bitcoin
CPI Inflation data released later today and we would prefer to see the US inflation come down or at least decelerate a bit.

Been buying every single dip over here and went short around most corners.

The plan is one: to accumulate more BTC

Patience always pays out.

ANALYSIS:

Good NFP (jobs report) last Friday gave BTC a boost that did not last.

I expect a better inflation data today and a new boost higher
Then again i can never be sure so DYOR and do your own trading.

I am Long.

One Love,

the FXPROFESSOR 🐳

PS. Unlike Europe, situation in the US seems a lot healthier. A milder inflation rise is what i expect today (my sentiment)

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