INCREDIBLE🔥

THE INFLATION DATA FROM TODAY WAS EXCELLENT

🎯Given this data, the probabilities of the rate being cut 2 times for the remainder of the year reached a HISTORIC HIGH of 85% on Kalshi

🧨Let’s look in DEPTH at the DATA and what they indicate for #Bitcoin and #crypto

▫️The monthly CPI changed from 0.4% to 0.3% while it was expected to remain at 0.3%

▫️The CORE CPI (which excludes food and energy) monthly changed from 0.3% to 0.2% while a 0.3% was expected

▫️But this is FAR from being a reality... The data is MUCH LOWER

What do I mean by this⁉️

▫️The annual CPI announced by the BLS today was at 3%... But pay attention

▫️These data measured by the BLS are taken from a basket of 80,000 products and with a lag of 2 weeks.

▫️But Truflation, a company that measures 10 MILLION products and in REAL TIME, states that the CPI is at 2.3%

What does this mean for #Bitcoin ⁉️

📍It means that the FED has more room to stimulate the economy than they think by focusing on the BLS data...

📍The 2 cuts for this year are practically guaranteed... And now this is added to the END of QT (Sale of assets by the FED)