
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
$73,717.1+0.01%
ETH/USDTEthereum
$2,057.16+0.02%
SOL/USDTSolana
$83.43+0.01%
Today’s market buzz
1#BTC fell below $75,000 before the US October CPI release
2#AI stocks pull back: UBS says position reset, Bank of England warns of crash risk

3#Trump delays military strike on Iran, oil prices fall below $90