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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)$69,413.00-2.47%
  • ethereumEthereum(ETH)$2,092.770.98%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$649.29-2.42%
  • rippleXRP(XRP)$1.43-3.67%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$88.37-0.98%
  • tronTRON(TRX)$0.2783471.77%
  • dogecoinDogecoin(DOGE)$0.098383-0.93%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.030.17%
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  • bitcoinBitcoin(BTC)$69,413.00-2.47%
  • ethereumEthereum(ETH)$2,092.770.98%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$649.29-2.42%
  • rippleXRP(XRP)$1.43-3.67%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$88.37-0.98%
  • tronTRON(TRX)$0.2783471.77%
  • dogecoinDogecoin(DOGE)$0.098383-0.93%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.030.17%