Bitcoin / TetherUS

🔥 Bitcoin Selling-Off After CPI Data: Bear Trend Resumed?

1 807
Earlier today we had the US CPI (inflation) data release. The reported inflation was 8.6% instead of the expected 8.3%, which caused the major sell-off in crypto and stocks.

For now, BTC seemed to have found support on the bottom dotted trend line. In my view, we're going to fall through it in the next few hours/days. In case of a bearish break, my target for next week is $28k.

On the other hand, there's still a small possibility for a reversal. I'd assume this is a minor possibility, but you never know with crypto. Wait for confirmation of the trend.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。