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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