Bitcoin just touched $72,691, its weakest level since August. CPI came in hot, and the CME has a December rate hike priced at 85%. Understandably, people are nervous.
But I'm watching one number more than the headlines: $76,800.
The weekly trend line and the 200-day moving average both land almost exactly there. If BTC reclaims it, the structure flips back in the bulls' favor. If $72.7K breaks, $70K is probably next.
So I'm trading the level, not the panic.
Not financial advice
$BTC #BTC☀ #crypto
But I'm watching one number more than the headlines: $76,800.
The weekly trend line and the 200-day moving average both land almost exactly there. If BTC reclaims it, the structure flips back in the bulls' favor. If $72.7K breaks, $70K is probably next.
So I'm trading the level, not the panic.
Not financial advice
$BTC #BTC☀ #crypto
