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Title: CPI DATA INCOMING Post by: Famous Grouse on November 10, 2022, 11:27:10 AM Today:
-CPI data at 1:30pm GMT -SOL unlock (Done)..... It will bleed....i pray u don't catch it after the party. -Bounce from the low looking corrective -SPX being rejected from resistance and DXY bouncing from support Last capitulation wave incoming. Title: Re: CPI DATA INCOMING Post by: Kemarit on November 10, 2022, 11:37:02 AM Probably this could be the last wave, but for this year only.
Obviously, there will still be something that can affect the market negatively, whether it's FUD, or some exchange closing or some other news of hacks. The best thing for us is to just ride it out in the next twelve months. I know it's long and hard and deliberate, but that's how we are going to survived this bear market. Title: Re: CPI DATA INCOMING Post by: DanWalker on November 10, 2022, 11:56:21 AM This is the most notable information in the last 2 months of the year, the Fed will rely on this month's CPI to consider whether to raise or lower interest rates and it will decide the trend of the market. But for better or worse, I don't think it matters anymore as we've probably experienced bigger crashes like this since the start of the year so there's no reason for us to worry about CPI this time around. Just looking ahead, no matter how bad things are today, it will all be over soon and recovery will also begin.
As for Sol, I think the news only affects solana holders and has nothing to do with bitcoin, it's just shitcoin out of thousands of shitcoins on the market. |