As you can see in the Hourly chart of BTCUSDT, it surged in price after the CPI news, going as high as 89,477, before dropping to the demand zone again. However, this drop came with BTC going as low as 84,450, reaching the Bullish Rejection Block, and then going upwards towards the IFVG, reaching 88,449 before dropping again in between the demand zone and the IFVG.
So far, BTC is yet to make a strong move towards up or down, consolidating in the range with no clear motif.
So far, BTC is yet to make a strong move towards up or down, consolidating in the range with no clear motif.
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Free channel: t.me/AmirAliTrading_Official
Wanna join the Gold, Forex and Crypto Premium channel or do you wanna start the mentorship? Contact me: t.me/Amirali_Trading
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.