CPI came in exactly as expected and I was not touching any positions around it.
These prints are a coin toss even when you know the number. The knee-jerk volatility the moment it dropped, Bitcoin slipping from $64,400 to $64,080 before stabilising, is exactly why I do not try to anticipate headline reactions. Spreads widen, the move is over in seconds, and you are just gambling at that point. $BTC
These prints are a coin toss even when you know the number. The knee-jerk volatility the moment it dropped, Bitcoin slipping from $64,400 to $64,080 before stabilising, is exactly why I do not try to anticipate headline reactions. Spreads widen, the move is over in seconds, and you are just gambling at that point. $BTC
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