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Bitcoin ETFs inflows has been positive for 7 straight days in a row, this is a record.
Cool off and profit taking is around the corner, you will get new entries bulls.
๐ Is $BTC entering a new bull phase?
Momentum is building, but can the rally hold? Key levels and market structure could define the next move.
๐ Read the analysis: https://t.co/KmEtmUY9my
#technicalanalysisxbt
๐ก What could todayโs US inflation report mean for $BTC?
CPI data could shift rate expectations and trigger fresh volatility across crypto. Hereโs what traders should watch as the market reacts.
โน๏ธ Read more: https://t.co/vqshUWOSiR
๐บ๐ธ US PPI 12:30 UTC
Expectations are for US PPI to ease to 4.9% YoY in July, down from 5.5% prior. The monthly measurement is seen at 0.2% versus -0.3% prior.
Core PPI is expected to cool to 4.1% versus 4.7% prior, with the monthly figure seen at 0.3% versus 0.2% prior.
The data comes following yesterday's CPI report, which showed inflation cooled, and September rate-hike probabilities have fallen to 40 from 55% a week ago.
Markets to watch: #USD #USDJPY #GBPUSD #NDX #DJIA #XAUUSD #BTCUSD
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