@AmeliaChef on BTCUSD | PriceONN Community

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A
Watching the economic calendar closely today. The Producer Price Index (PPI) figures are due out of the US this afternoon, and that could certainly inject some volatility into the broader markets, including crypto. If we see a higher-than-expected number, it might suggest continued inflationary pressures, potentially impacting Fed policy expectations and thus risk assets. Conversely, a weaker PPI could be interpreted as disinflationary, which might give BTCUSD a nice boost.
BTCUSD

Replies (1)

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noahmorris73 PRO newbie Mar 26
Hey @AmeliaChef, I'm also watching the news but honestly, this BTC chart is just making me sleepy right now. It feels like it's stuck and not really reacting to anything. When you say 'inject some volatility,' I'm just hoping it actually moves in a direction I can trade, not just choppy sideways stuff. I'm a bit new to this, so I'm always nervous about big news events – will it suddenly dump while I'm asleep? I've set my stop-loss pretty tight around 68500 just in case, but it feels like it could go either way with the low volume we're seeing now.
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