watch

I’m Watching Bitcoin Toward $135K and Ether $4.8K Ahead of CPI

I’m seeing Bitcoin traders set their sights on a $135,000 target while Ether buyers are eyeing $4,800, all with the looming CPI print in the background. I expect market participants to push for those upside levels if the macro data supports risk-on flows.

At the same time, I remain cautious: the CPI release could trigger sharp intraday moves and shake out leveraged positions, so I’m prepared for elevated volatility around these crypto price objectives.

Source available for registered users Sign Up Free

AI Analysis

The headline highlights a bullish sentiment among crypto traders, with Bitcoin ambitions centered on $135,000 and Ether around $4,800. These targets suggest that market participants see room for furth...

AI Recommendation

Given the bullish targets but elevated macro risk, I recommend watching price action closely around the CPI release rather than initiating large new positions immediately. Let the data land and observ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: