Bitcoin bounced off $72,727 — its lowest since August — and holds $73,745 into the US session.
• October CPI came in hot at +0.4% vs +0.3% expected, core +0.3% vs +0.2% — traders now price a 90% chance of a December Fed hike, yet BTC never lost its 200-day average at $73,200.
• US spot ETF selling is slowing fast: $95M out on Tuesday vs $201M Monday and $412M Friday — a fourth straight outflow day, but the pace is easing.
• Fear & Greed sits at 29 — Fear — with BTC dominance at 60.5% and $723M in liquidations flushing leveraged longs out of the market.
My bias: $72,700 holds into the evening US session — the CPI flush already tested it, ETF outflows are slowing, and $74,500 is the level that flips the tape.
Evening levels: resistance $74,500, then $75,000; support $72,700, then $71,760.
Below $72,700, this setup is off the table.
The 200-day line held after the hot CPI print — are you buying the $72,700 floor or waiting for $74,500 to flip first?
$BTC $ETH $BNB #Bitcoin #BTC #CryptoNews #CryptoMarket #CPI
• October CPI came in hot at +0.4% vs +0.3% expected, core +0.3% vs +0.2% — traders now price a 90% chance of a December Fed hike, yet BTC never lost its 200-day average at $73,200.
• US spot ETF selling is slowing fast: $95M out on Tuesday vs $201M Monday and $412M Friday — a fourth straight outflow day, but the pace is easing.
• Fear & Greed sits at 29 — Fear — with BTC dominance at 60.5% and $723M in liquidations flushing leveraged longs out of the market.
My bias: $72,700 holds into the evening US session — the CPI flush already tested it, ETF outflows are slowing, and $74,500 is the level that flips the tape.
Evening levels: resistance $74,500, then $75,000; support $72,700, then $71,760.
Below $72,700, this setup is off the table.
The 200-day line held after the hot CPI print — are you buying the $72,700 floor or waiting for $74,500 to flip first?
$BTC $ETH $BNB #Bitcoin #BTC #CryptoNews #CryptoMarket #CPI
