#USCoreCPIHitsFour-YearLow 📉 The Case for "Wait and See" (The Bear View)
Macro Headwinds: We’re seeing a "risk-off" sentiment globally. High interest rates and sticky inflation are making investors cautious about speculative assets.
Technical Breakdown: Bitcoin recently slipped below its 200-week exponential moving average (EMA) near $68,000. Some analysts are eyeing $60,000 or even $52,000 as the next "true" floor if this support doesn't hold.
Institutional Outflows: While ETFs brought us to the dance, recent weeks have seen net outflows from spot BTC and ETH ETFs, suggesting some big player