They are playing consecutive bear flags if you measure the poles, next bear price is down near 72000 usdt.
Beware of tomorrow GPD and friday CPE.
But
BTCUSDT looks more promising than 
SPX with EMA's. The SP500 index in the bearish side it affected by 50EMA crossed both, 100 and 200 in a bearish sign. We are all looking at 200 bounce back to know price movement.
Beware of tomorrow GPD and friday CPE.
But
BTCUSDT looks more promising than SPX with EMA's. The SP500 index in the bearish side it affected by 50EMA crossed both, 100 and 200 in a bearish sign. We are all looking at 200 bounce back to know price movement.Trade active
Today's data will likely make the Federal Reserve even more cautious about cutting interest rates. The higher-than-expected core PCE is a sign that inflation remains a problem, reducing the likelihood of imminent rate cuts. While the income and spending data suggest an economy that is not yet slowing dramatically, the Fed has emphasized that it needs to see clear and sustained evidence that inflation is moving toward its 2% target before considering monetary policy easing.In this scenario, the Fed is more likely to keep interest rates at current levels for longer and wait for more data indicating a clear decline in core inflation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.