same range same wall two weeks running
btc at 79,275 down 1.33% this week stuck in the exact spot we've been tracking for two weeks 75 to 78k support 85 to 89k resistance testing the lower edge of that zone right now
here's why this pressure keeps showing up
fed hike odds just crossed 60% for the september 15 and 16 meeting august jobs report added 162,000 jobs way above expectations unemployment held steady at 4.1%
oil's also back near 100 a barrel on renewed us iran tension both feeding straight into hawkish fed expectations
etf inflows haven't cracked though 987 million came in last week alone institutions still buying through the uncertainty
cpi print later this week is the last real data point before the decision watching that more closely than any single day's candle right now
follow me for more trading content.
$BTC
#ChinaAugustCPIRises0.8%YoY #OilRisesToHighestSinceJuly
btc at 79,275 down 1.33% this week stuck in the exact spot we've been tracking for two weeks 75 to 78k support 85 to 89k resistance testing the lower edge of that zone right now
here's why this pressure keeps showing up
fed hike odds just crossed 60% for the september 15 and 16 meeting august jobs report added 162,000 jobs way above expectations unemployment held steady at 4.1%
oil's also back near 100 a barrel on renewed us iran tension both feeding straight into hawkish fed expectations
etf inflows haven't cracked though 987 million came in last week alone institutions still buying through the uncertainty
cpi print later this week is the last real data point before the decision watching that more closely than any single day's candle right now
follow me for more trading content.
$BTC
#ChinaAugustCPIRises0.8%YoY #OilRisesToHighestSinceJuly
