$BTC closed CPI day at 81,682, down from 83,169 the day before. The lower-high pattern is still in charge.
Levels:
- 84,352: this week's high, the lid
- 83,169: Tuesday's close, first resistance on a bounce
- 81,034: Monday's low. Price has now held near it twice this week
- 80,394: the low from last Thursday
- 75,065: the 30-day low
Funding is about -0.003%, flat. No crowd on either side.
A daily close under 81,000 opens the way to 80,394. Back above 83,169, and the bounce has room. In between, I wait.
NFA. Which level breaks first?
#CPIWatch
Levels:
- 84,352: this week's high, the lid
- 83,169: Tuesday's close, first resistance on a bounce
- 81,034: Monday's low. Price has now held near it twice this week
- 80,394: the low from last Thursday
- 75,065: the 30-day low
Funding is about -0.003%, flat. No crowd on either side.
A daily close under 81,000 opens the way to 80,394. Back above 83,169, and the bounce has room. In between, I wait.
NFA. Which level breaks first?
#CPIWatch