π₯π¨π³πΊπΈ There is no respite: China will increase tariffs on the United States from 84% to 125% starting April 12, after Trump imposed a 145% tariff on Chinese products.
BTC and ETH short-selling has dropped dramatically, which bodes well for prices.
π For Glassnode, this suggests it may be approaching a degree of short-term seller exhaustion.
π It maintains that Bitcoin should reclaim $93,000 to regain momentum.
Breaking News: US March annual CPI inflation rose 2.4%, below expectations of 2.5%.
Core CPI inflation increased 2.8% year-over-year, compared to expectations for a 3.0% increase.
