Guys, still confused about the crazy wick on $BTC around $80,000.
CPI came in line, as I shared before the release. The core CPI YoY was higher than expected. Overall, it was neutral to bearish data, but why did this crazy wick print?
Nect three dates to remember!
That’s what somebody would call a liquidity grab, but what I conclude is that it was a big-money trap to get their exit. They created exit liquidity with these green candles, provided FOMO, and comfortably got their exit above $79,5...