📊 Key Events This Week:

1. CPI Inflation data- Wednesday
2. PPI Inflation data - Thursday
3. Jobless Claims - Thursday
4. Consumer Sentiment data - Friday
5. Q2 2023 bank earnings begin
6. Total of 8 Fed speakers this week

Expecting volatility this week.

💰 MATIC is breaking out from it's major trendline.

If BTC manages to maintain its current position, get ready to see Matic soar like Solana by 10-15%.

💰 BlackRock's CEO turning 180 degrees on his past opinions on Bitcoin.

💰 First, they said it'd hit $5k, but #Bitcoin laughed and pumped by 200% 📈📈

Now they claim $120k by 2024? you know what's next 📉📉

💰 Bitcoin Update : After a sideways period of 20 days and unsuccessful attempts to hold above the $31k mark.

Finally we may see some market volatility today (July 12th), due to the release of the 🇺🇸 US CPI data.

💰 WBTC lost it's peg currently traading at $23.9k while #bitcoin is trading above $30k.

WBTC is fluctuating rapidly.

https://coinmarketcap.com/currencies/wrapped-bitcoin/

💰 Still heavy resistance at $31k and $31.5k, Holding shorts as planned.

Some altcoins might pump due to bullish XRP news.

💰 Bitcoin is following 2017 cycle.

2017 Top to Bottom in 364 Days.

2021 Top to Bottom in 364 Days.

In 2017 Cycle From Bottom Market Hits LOCAL TOP in 240 days.

According to the current cycle, it seems likely that BTC will reach its local peak within few days, considering that approximately 240 days just have passed.

If this plays out we will see Bitcoin below 20k again in Q1 2024.