Hello friends welcome to my another new post with new topic,so friend let's start today's blog.hope you all like it.
Waiting for next CPI data results.
Friends I am here today with a different topic. Although I am going to share my opinion today after reading and understanding this topic from various posts of many of you. Hope you like it.
To be honest, the current crypto market is pretty pumped. But how far or how long will it last? It is very difficult to actually know or understand, or to be sure. However, CPI data is published every month. That CPI data pumped up the crypto market last month to deliver good results.
Now the point is that the current BTC market has reached $23960. But if the next CPI data comes well or has a good effect on the market, through the CPI data. Then the market is likely to go higher. That is why many are waiting based on the CPI data.
Some traders or some crypto holders are waiting for when the CPI data will come out, or the market will pump due to the CPI data. Those who trade constantly make their benefits from the market. They are waiting for their CPI data to come out, and when they will see good profits.
Friends, I read the posts of some other people, who wrote there, I read and understood that if the CPI data comes good, or comes positive. Then there is a positive effect on the market. Again if the CPI data comes negative. Then there is a negative impact on the market.
That's why many important market factors depend on CPI data. So all crypto holders and traders are waiting for the CPA data. Hope CPA data can come positive next month too. Which will have a good effect on the whole market.
So friends, today without saying anything more, I am saying goodbye to everyone, thank you and be fine.
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