BTC Is Stuck Around $83K — CPI Will Decide Today! 🚨
Today is the most important day for the market. US CPI data comes out today at 5:30 PM PKT, and it will determine whether BTC heads to $87K or $80K.
Today’s latest update:
1. CPI TODAY: The forecast is 3.7%, compared with 3.4% last month. If it comes in above 3.7%, BTC could break below $81K. If it comes in softer at 3.5%, BTC could pump to $85K–$86.7K.
2. Yesterday’s bloodbath: BTC fell to $81K, and $774M was liquidated. The reason: $679M in ETF outflows.
3. Recovery begins: BTC is back at $83,700, up 1%. ETFs saw $110M in inflows yesterday, and exchange reserves are at a 7-month low—700K BTC have been withdrawn.
Technically, $83,200–$83,400 is a key zone. Holding above it is bullish, with resistance at $84.3K. If $82K breaks, BTC could retest $81K.
This is a time to learn, not panic trade.
Will you buy before the CPI release or wait? Comment below.
#BTC #Bitcoin #CPI #CryptoNews #bnb #ETH #CryptoMarket #BinanceSquare
Today is the most important day for the market. US CPI data comes out today at 5:30 PM PKT, and it will determine whether BTC heads to $87K or $80K.
Today’s latest update:
1. CPI TODAY: The forecast is 3.7%, compared with 3.4% last month. If it comes in above 3.7%, BTC could break below $81K. If it comes in softer at 3.5%, BTC could pump to $85K–$86.7K.
2. Yesterday’s bloodbath: BTC fell to $81K, and $774M was liquidated. The reason: $679M in ETF outflows.
3. Recovery begins: BTC is back at $83,700, up 1%. ETFs saw $110M in inflows yesterday, and exchange reserves are at a 7-month low—700K BTC have been withdrawn.
Technically, $83,200–$83,400 is a key zone. Holding above it is bullish, with resistance at $84.3K. If $82K breaks, BTC could retest $81K.
This is a time to learn, not panic trade.
Will you buy before the CPI release or wait? Comment below.
#BTC #Bitcoin #CPI #CryptoNews #bnb #ETH #CryptoMarket #BinanceSquare