Bitcoin plunged to 73,333 in 15 minutes, then surged back in 80 minutes
Price is back to late-August levels, and open interest is back where it was before the crash; 74,909 was reclaimed on last night's 4-hour close, but the daily candle hasn't closed yet.
Bull case: daily close back above 74,909 → weekly close above the 50-week moving average
Bear case: daily close below 73,333 → close below the 200-day moving average
CPI tonight at 21:30. Views are for discussion only and do not constitute investment advice.
Comment 1 for the bull case, 2 for the bear case—which side are you on?
#CPI前瞻，12月利率走向迎关键考验 $BTC
Price is back to late-August levels, and open interest is back where it was before the crash; 74,909 was reclaimed on last night's 4-hour close, but the daily candle hasn't closed yet.
Bull case: daily close back above 74,909 → weekly close above the 50-week moving average
Bear case: daily close below 73,333 → close below the 200-day moving average
CPI tonight at 21:30. Views are for discussion only and do not constitute investment advice.
Comment 1 for the bull case, 2 for the bear case—which side are you on?
#CPI前瞻，12月利率走向迎关键考验 $BTC