📌 BITCOIN ANALYSIS — 4H
Bitcoin is showing extreme volatility after the CPI print. ⚡
🇺🇸 The hotter CPI data pushed expectations for next week’s Fed rate hike sharply higher, with markets pricing around 89% odds.
At the same time, the inflation picture remains mixed, creating strong two-sided volatility.
BTC has already reacted well from both my support and resistance levels. 👀
🔻 Roadmap remains unchanged:
I’m still expecting Bitcoin to move lower from here, unless the structure changes.
Stay patient. Don’t chase volatility. ⚠️
#BTC #Bitcoin #Crypto #Trading #BinanceSquare
Bitcoin is showing extreme volatility after the CPI print. ⚡
🇺🇸 The hotter CPI data pushed expectations for next week’s Fed rate hike sharply higher, with markets pricing around 89% odds.
At the same time, the inflation picture remains mixed, creating strong two-sided volatility.
BTC has already reacted well from both my support and resistance levels. 👀
🔻 Roadmap remains unchanged:
I’m still expecting Bitcoin to move lower from here, unless the structure changes.
Stay patient. Don’t chase volatility. ⚠️
#BTC #Bitcoin #Crypto #Trading #BinanceSquare
