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Previewing CPI Report, ‘Moderately Bullish’ on Bitcoin

Previewing CPI Report, ‘Moderately Bullish’ on Bitcoin

Schwab Network · Schwab Network

July 14, 20256m 12s

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Show Notes

Scott Bauer surveys the commodities markets. He is still “moderately bullish” on Bitcoin as it hits news highs but is a “little concerned” about a “buy the rumor, sell the news” event this week. On the U.S. dollar, he attributes its recovery to euro weakness and says there’s still pressure to move lower. He previews the June CPI report, released tomorrow morning, saying the market could sell off if the number comes in hot.


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