🩸 Bitcoin spent two days knocking on $76K. Hot CPI answered and shoved it down to $72.7K.
Not even close.
Attempt high: $75.5K
Low after CPI: ~$72.7K
Now: $73,737
Crypto longs liquidated: $511M in 24h 💥
One 4H candle flipped the script.
October CPI rose 0.4%, above forecasts.
December hike odds jumped to 85% from 77%.
The CPI candle dumped about $1,200 on volume bigger than Sunday's crash bar.
The chart had flagged it.
Yesterday's map: lose $74.66K and $73.7K, then $73.3K, come back.
Both went. Then it overshot to $72.7K.
Now the ugly part.
The rising lows are gone.
The breakout above the downtrend line failed.
A fresh BOS (break of structure, the trend printing a new low) sits at $73.7K.
And price is parked right under it.
Old floor, new ceiling. 👀
The bounce off $72.7K is running on shrinking volume.
Reclaim $74.3K on a 4H close → bulls are back inside the range, $75.5K next.
Rejected at $73.7K → another run at $72.7K, and nothing on the chart holds until $72K.
Buying the first green candle under a fresh BOS is exactly how the last two flushes found their fuel.
Retest and reclaim, or $72K next?
Not financial advice.
$BTC
$ETH
$SOL
Not even close.
Attempt high: $75.5K
Low after CPI: ~$72.7K
Now: $73,737
Crypto longs liquidated: $511M in 24h 💥
One 4H candle flipped the script.
October CPI rose 0.4%, above forecasts.
December hike odds jumped to 85% from 77%.
The CPI candle dumped about $1,200 on volume bigger than Sunday's crash bar.
The chart had flagged it.
Yesterday's map: lose $74.66K and $73.7K, then $73.3K, come back.
Both went. Then it overshot to $72.7K.
Now the ugly part.
The rising lows are gone.
The breakout above the downtrend line failed.
A fresh BOS (break of structure, the trend printing a new low) sits at $73.7K.
And price is parked right under it.
Old floor, new ceiling. 👀
The bounce off $72.7K is running on shrinking volume.
Reclaim $74.3K on a 4H close → bulls are back inside the range, $75.5K next.
Rejected at $73.7K → another run at $72.7K, and nothing on the chart holds until $72K.
Buying the first green candle under a fresh BOS is exactly how the last two flushes found their fuel.
Retest and reclaim, or $72K next?
Not financial advice.
$BTC
$ETH
$SOL
