CPI will be released tomorrow.

in H4LAB Research2 days ago

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Source: Investing.com

The Cons(Consensus) is 2.7%. When I checked the recent data, I thought the U.S. CPI(Consumer Price Index) (Dec) would sustain this level.

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What matters most is.. that BTC(Bitcoin) should exit this consolidation as soon as possible. If BTC fails to break 365d SMA(Simple Moving Average) line within 2 months, I think this year will be bearish all year long.

That's why I'm concerned about this consolidation. Everybody pray for the crypto market 🙏