Trader Killa: Bitcoin historically rose over 5% after last three CPI releases
Prominent quantitative trader Killa (over 200,000 followers on X) noted that Bitcoin has gained more than 5% within eight days following each of the last three U.S. CPI data releases. Killa suggests that the market may have already priced in negative sentiment and warns of a potential bear trap, questioning whether a similar upward trend will occur following the upcoming data release.
Summaries are written by AI from the original article. Not investment advice.