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Jutt traders40
🚨 $BTC Bounces Back Despite Hot CPI!
$BTC dropped to $73,524 after the CPI release, then recovered to $74,636 within 90 minutes, even surpassing its pre-data level of $74,410.
But the recovery came at a cost:
⚠️ $178M+ in long positions liquidated within an hour. 📈 December 50 bps rate-hike odds jumped from 4.45% to 12.7%.
Inflation remains sticky, and rate-hike risks haven't disappeared.
Price recovered, but liquidated traders didn't.
#USCPIAboveExpectations
