CPI came in HOT: +0.4% vs +0.3% expected — Bitcoin $73,977, parked $800 above its 200-day floor.
• October CPI printed +0.4% vs +0.3% expected, core +0.3% vs +0.2% — Waller already flagged a 50bp December hike if core hit 0.3%.
• BTC holds above its 200-day average at $73,150 after a $1B+ weekend liquidation flush; sellers capped every push above $75,500.
• Fear & Greed at 32 — Fear — with BTC dominance near 60%, US spot ETFs bleeding $201M on Monday alone, and ETH lagging near $2,090.
My bias: $73,150 holds into the US session — the hot print gets priced in fast, the flush already happened, and $75,500 is the level that flips the tape.
Evening levels: resistance $75,500, then $77,430; support $73,150, then $71,900.
Below $73,150, this setup is off the table.
Hot CPI, cold tape — are you buying the $73,150 floor or waiting for $75,500 to flip first?
$BTC $ETH $BNB #Bitcoin #BTC #CryptoNews #CryptoMarket #CPI
• October CPI printed +0.4% vs +0.3% expected, core +0.3% vs +0.2% — Waller already flagged a 50bp December hike if core hit 0.3%.
• BTC holds above its 200-day average at $73,150 after a $1B+ weekend liquidation flush; sellers capped every push above $75,500.
• Fear & Greed at 32 — Fear — with BTC dominance near 60%, US spot ETFs bleeding $201M on Monday alone, and ETH lagging near $2,090.
My bias: $73,150 holds into the US session — the hot print gets priced in fast, the flush already happened, and $75,500 is the level that flips the tape.
Evening levels: resistance $75,500, then $77,430; support $73,150, then $71,900.
Below $73,150, this setup is off the table.
Hot CPI, cold tape — are you buying the $73,150 floor or waiting for $75,500 to flip first?
$BTC $ETH $BNB #Bitcoin #BTC #CryptoNews #CryptoMarket #CPI
