What is the connection between CPI data and the crypto market.

Friends, today I am going to present to you, what is the connection between CPI data and the crypto market. I will discuss some of my views on that. I hope you like it. So friends, let's start, today's post is about CPI data.

CPI data of 6.5 means a good impact on the market. BTC pumped up a bit because of this report. Let's see if it is possible to pump something more.

Friends, you have been seeing in the past history that a CPI data is released every month. And before creating the CPI data, sit in a meeting. And in that case, a CPI data is released collectively by analyzing the market for a whole month.

After analyzing it, the report that actually comes out is publicized. And only after being publicized, it can be seen if there is some positive effect on the CPI data. Then there is a positive effect on the whole market. Again if the CPI data comes negative. Then there is a negative effect on the entire market.

Friends, this time CPI data coming in at 6.5 has had a good impact on the market. Because of which the market pumped up a bit. Maybe pump a little more. Similarly if the CPI data comes above 6.5 ie 8, 9, 10, then there is a negative effect. And then there was a negative impact on the market.

That's why CPI data is released every month. Everyone collectively releases CPA data. I think the CPI data will go down. The higher the market, the better the effect will be. The market will expand positively. And if the CPI data comes more than that like seven eight not ten then so on. Then the market is likely to go down.

So friends, today I am just going to show you that there is a big connection in the market with the CPI data. If the CPI data is accurate, the market will have a positive impact. And if the GPA data is not correct. Then there will be an up-down effect on the market.

So friends were episodes like today. Hope to come back to you with something else next. I hope you will support me till then. I say goodbye with thanks.