Post
Michael 897
Personally, I think the problem isn't how high the numbers are, but that inflation just won't come down. Just after a rate hike, more action might be needed. US Treasury yields are already rising, so risk assets definitely feel uncomfortable. But don't assume a crash just because of bad news; the key is how the funds respond.
$BTC first needs to hold 80,000. If Bitcoin can't reclaim the 83,000 to 84,000 range above, the rebound won't go smoothly; if support is lost, watch out for a pullback.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$80,496.5+0.00%
ETH/USDTEthereum
$2,331.61+0.00%
OKB/USDTOKB
$110.27+0.00%
Today’s market buzz
1#OctFOMCDecisionDueSoon
2#SKHynixQ3RevenueKRW100T
3#RobinhoodQ3ProfitFalls
