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.
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.
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šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
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šÆOfficial Channel: t.me/FieryTradingChannel
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
šTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
ā Monster Signals: t.me/monster_cryptosignals
š„Premium Signals: fierytrading.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.