In this video, I discuss the latest inflation reports π and analyze their impact on the global economy π.
I highlight the factors affecting inflation, starting with the rising price of oil β½ and its pressure on inflation π. Additionally, I provide insights into the price of Bitcoin π° and its bullish outlook π in light of rising inflation.
I also touch upon the performance of stock indices π and the importance of focusing on Bitcoin π in the current market.
Overall, this video aims to provide valuable analysis and predictions π€ regarding today's CPI report π and Bitcoin.
Professor is LONG! π
One Love β€οΈ
Oil: Long since $71 π’οΈ:
Bitcoin: Stay awake, this September could be a different one ποΈ:
Comment
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πΈπBTC attempting the Epic breakout! if we break over 27k we get a proper Bull Run!
Oil going up, means inflation will continue, = higher interest rates, = recession, = money printing, = setup for next major bull run post 2024 halving. This run you describe starting in Sept will not be a new ATH, at best 38k-42k. Do you agree?
FX_Professor
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@dipset007 pretty much agreed with the given data but we don't know when Blackrock and the rest jump into buying.. that's a key factor now
MyCryptoParadise_Nathan
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Fantastic video, Professor! Your analysis on the inflation reports and their impact on the global economy is spot-on. The correlation between rising oil prices and inflation is a crucial point that many overlook.
Solldy
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That's a great idea! In the current situation, an asset is not very predictable, so thank you very much for posting!