$BTC: a strong opinion about inflation is not a trade setup.
Square's CPI discussion is full of competing scenarios. My focus is whether price can sustain a move, rather than assuming a headline decides the next direction. Futures is at 81,755; 81,452.2 and 84,117.6 are the low and high of the last 24 completed 1H candles, not proven multi-touch levels.
For a bearish case, I would want an hourly close below the lower boundary followed by a failed recovery into the range. A reclaim would invalidate that breakdown reading. For a constructive case, a close above the upper boundary needs a retest that holds; a return inside would weaken it.
If price stays between the boundaries, there is no range break to confirm. This is a conditional watchlist, not a confirmed trade signal.
Square's CPI discussion is full of competing scenarios. My focus is whether price can sustain a move, rather than assuming a headline decides the next direction. Futures is at 81,755; 81,452.2 and 84,117.6 are the low and high of the last 24 completed 1H candles, not proven multi-touch levels.
For a bearish case, I would want an hourly close below the lower boundary followed by a failed recovery into the range. A reclaim would invalidate that breakdown reading. For a constructive case, a close above the upper boundary needs a retest that holds; a return inside would weaken it.
If price stays between the boundaries, there is no range break to confirm. This is a conditional watchlist, not a confirmed trade signal.