CPI HITS AT 8:30 AM ET TODAY.
BTC IS SITTING AT $83,300 AND NOBODY KNOWS WHICH WAY.
Last 24 hours:
Dip to $81,000.
Rip to $84,000.
Back to $83,000.
That was not random. That was positioning.
WHAT THE MARKET IS WATCHING:
Economists expect a hot headline number, driven by energy prices.
Core is expected to cool.
Fed's Williams hinted at "one more and done" on hikes.
Spot ETFs have already bled over $600M.
THE TWO SCENARIOS:
Core cools → hike fears fade → BTC tests $84,500
Core runs hot → hike odds rise → BTC retests $81,000
KEY LEVELS:
Support: $81,000 (buyers defended it twice this week)
Resistance: $84,000 — $84,500
THE X VOREX READ:
Do not trade the first candle.
The first move after CPI is often the trap.
Let the market show its hand. Patience is a position.
Hot or cool? Drop your call below. 👇
Not financial advice.
$BTC $ETH #CPI #Bitcoin #XVorex
#BinanceSquare
BTC IS SITTING AT $83,300 AND NOBODY KNOWS WHICH WAY.
Last 24 hours:
Dip to $81,000.
Rip to $84,000.
Back to $83,000.
That was not random. That was positioning.
WHAT THE MARKET IS WATCHING:
Economists expect a hot headline number, driven by energy prices.
Core is expected to cool.
Fed's Williams hinted at "one more and done" on hikes.
Spot ETFs have already bled over $600M.
THE TWO SCENARIOS:
Core cools → hike fears fade → BTC tests $84,500
Core runs hot → hike odds rise → BTC retests $81,000
KEY LEVELS:
Support: $81,000 (buyers defended it twice this week)
Resistance: $84,000 — $84,500
THE X VOREX READ:
Do not trade the first candle.
The first move after CPI is often the trap.
Let the market show its hand. Patience is a position.
Hot or cool? Drop your call below. 👇
Not financial advice.
$BTC $ETH #CPI #Bitcoin #XVorex
#BinanceSquare