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Bitcoin shorters ‘likely to get burned’ if CPI prints as expected

September 11, 2024 by DIGIT
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An analyst warns that a lower CPI could squeeze Bitcoin short sellers, while a higher-than-expected CPI might lead to a Bitcoin sell-off.

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Categories australia crypto exchange, Pav Hundal, Swyftx
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  • bitcoinBitcoin(BTC)$89,378.00-3.00%
  • ethereumEthereum(ETH)$3,024.17-3.50%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.04-2.87%
  • binancecoinBNB(BNB)$884.23-1.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.26-4.14%
  • tronTRON(TRX)$0.285521-0.17%
  • staked-etherLido Staked Ether(STETH)$3,022.60-3.55%
  • dogecoinDogecoin(DOGE)$0.139608-5.35%
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  • bitcoinBitcoin(BTC)$89,378.00-3.00%
  • ethereumEthereum(ETH)$3,024.17-3.50%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.04-2.87%
  • binancecoinBNB(BNB)$884.23-1.81%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.26-4.14%
  • tronTRON(TRX)$0.285521-0.17%
  • staked-etherLido Staked Ether(STETH)$3,022.60-3.55%
  • dogecoinDogecoin(DOGE)$0.139608-5.35%