#BTC
BTC Market View Update:
The small-scale level dipped a bit last night, but the daytime session has rebounded again. Overall, the pace is still within a choppy trading range—there’s no clear direction!
This week’s key event is the CPI data, which will significantly affect the mid-to-late month Federal Reserve interest rate decision—whether there will be a rate hike!
The recent two days’ volatility looks more like waiting for the data, and then setting up for a bigger move. Keep watching the overhead resistance at the prior high—the upper end of the trading range. On the downside, continue to watch the key support at the lower end of the trading range: 75550!
BTC Market View Update:
The small-scale level dipped a bit last night, but the daytime session has rebounded again. Overall, the pace is still within a choppy trading range—there’s no clear direction!
This week’s key event is the CPI data, which will significantly affect the mid-to-late month Federal Reserve interest rate decision—whether there will be a rate hike!
The recent two days’ volatility looks more like waiting for the data, and then setting up for a bigger move. Keep watching the overhead resistance at the prior high—the upper end of the trading range. On the downside, continue to watch the key support at the lower end of the trading range: 75550!
