Bitcoin makes a short term bounce off of bullish CPI data, but zooming out on the chart from a cycle perspective offers insight into just how bullish btc is right now.
Recessions - https://www.forbes.com/sites/kristinmckenna/2022/04/01/how-stocks-perform-before-during-and-after-recessions-may-surprise-you/?sh=2fece19d249d
CPI falls - https://www.bloomberg.com/news/articles/2023-05-10/us-core-cpi-moderates-slightly-giving-fed-some-room-to-pause?srnd=all&in_source=embedded-checkout-banner
Inflation cool - https://www.nytimes.com/live/2023/05/10/business/cpi-inflation-fed
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Recessions - https://www.forbes.com/sites/kristinmckenna/2022/04/01/how-stocks-perform-before-during-and-after-recessions-may-surprise-you/?sh=2fece19d249d
CPI falls - https://www.bloomberg.com/news/articles/2023-05-10/us-core-cpi-moderates-slightly-giving-fed-some-room-to-pause?srnd=all&in_source=embedded-checkout-banner
Inflation cool - https://www.nytimes.com/live/2023/05/10/business/cpi-inflation-fed
Subscribe, Like, Follow me www.twitter.com/cryptorecruitr
Join this channel to get access to perks:
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