@sophie90 on BTCUSD | PriceONN Community
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The wholesale price data is worrying me a bit for BTCUSD. If inflation stays high, the Fed might not cut rates as expected, which could keep pressure on risk assets like Bitcoin. Seeing the 200 SMA holding as support is key, but this bearish RSI is definitely a concern. I'm watching that 71k level closely for a potential break.