Bitcoin PLUMMETS After Massive Inflation Data and US Treasury Reports

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Bitcoin pumped to a new all time high before hard rejecting just shy of $125K — all in a single day. A surprise jump in U.S. wholesale inflation and news that the U.S. Treasury won’t be buying Bitcoin for reserves added major bearish pressure. Technically, a fresh sell signal and high Trades in Favor reading point to a potential move back to $112K.

In this video, I’ll break down the signals that could drive BTC lower, what needs to happen for a bullish bounce, and the exact conditions that form our highly accurate bullish trifecta. Our traders have now locked in 308 wins and 0 losses with this strategy.

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Disclaimer:
Do not act on any opinions expressed in this video. This is NOT financial advice. These are strictly personal opinions presented by Trade Confident LLC representatives. Past performance is not indicative of future results. Crypto is extremely risky, expect to lose everything. Always do your own research and consult a financial advisor before investing.

Video Topics: #bitcoinpriceprediction #bitcoinnewstoday #bitcoin #Cryptocurrency