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BULL. 🐂
Today’s CPI is probably the most anticipated print in years.
A +0.25% core CPI MoM print almost guarantees a hike and paves the way to goblin town, the baseline expectation being +0.24%.
Anything below +0.24% is bullish, I would be looking to long btc and gold as the focus goes back to the Treasury to contain long term yields for midterms.
I’ll move aggressively in these two scenarios.
If the print comes in at baseline +0.24%, I will be looking at the market to do the telling.
Good luck guys
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