Posteo

This Friday's CPI, I actually don't think $BTC will accelerate its decline because of "rate hike expectations." Why? Because the crypto market never trades the event itself, but the expectation → reality → expectation gap. Many people's logic now is: High CPI → Fed rate hike → liquidity tightening → $BTC crash. This chain looks smooth, but the problem is: The negative you imagine is not the same as the negative the market hasn't priced in yet.