📌 BITCOIN ANALYSIS – 4H TIMEFRAME
Bitcoin has followed my previous outlook perfectly, forming another Lower Low (LL). 📉
From here, I expect a short-term relief bounce, potentially targeting the massive unfilled Fair Value Gap (FVG) above.
⚠️ IMPORTANT: US CPI data is coming tomorrow, and volatility could increase significantly. I believe the market may already be pricing in expectations surrounding this event.
Key Levels to Watch:
🔹 Short-term relief bounce
🔹 Unfilled FVG as a potential upside target
🔹 Possible rejection from the FVG
🔹 CPI-driven volatility
Remember, a relief bounce doesn't automatically mean a bullish reversal.
Stay patient, manage your risk, and wait for confirmation. 🎯
What's your expectation for Bitcoin after CPI? Bullish bounce or another leg down? 👇
#Bitcoin #BTC #CryptoAnalysis #CPI #trading
Bitcoin has followed my previous outlook perfectly, forming another Lower Low (LL). 📉
From here, I expect a short-term relief bounce, potentially targeting the massive unfilled Fair Value Gap (FVG) above.
⚠️ IMPORTANT: US CPI data is coming tomorrow, and volatility could increase significantly. I believe the market may already be pricing in expectations surrounding this event.
Key Levels to Watch:
🔹 Short-term relief bounce
🔹 Unfilled FVG as a potential upside target
🔹 Possible rejection from the FVG
🔹 CPI-driven volatility
Remember, a relief bounce doesn't automatically mean a bullish reversal.
Stay patient, manage your risk, and wait for confirmation. 🎯
What's your expectation for Bitcoin after CPI? Bullish bounce or another leg down? 👇
#Bitcoin #BTC #CryptoAnalysis #CPI #trading
