$BTC - Critical level, where will CPI take us?
#BTCUPDATE
Had my head in the 1hr charts so much lately I completely ignored the fact we broke the 200EMA and are retesting it whilst say on some key price support.
This does not mean definite bounce but it does mean we are going to see a bit of a decision here. We could see a bounce and it will likely lead to a pretty big rally. Although losing will be pretty bad news. With CPI data coming out it makes perfect sense that we will hold here till closer to announcement and then decision will be made after.
Had my head in the 1hr charts so much lately I completely ignored the fact we broke the 200EMA and are retesting it whilst say on some key price support.
This does not mean definite bounce but it does mean we are going to see a bit of a decision here. We could see a bounce and it will likely lead to a pretty big rally. Although losing will be pretty bad news. With CPI data coming out it makes perfect sense that we will hold here till closer to announcement and then decision will be made after.
Had my head in the 1hr charts so much lately I completely ignored the fact we broke the 200EMA and are retesting it whilst say on some key price support.
This does not mean definite bounce but it does mean we are going to see a bit of a decision here. We could see a bounce and it will likely lead to a pretty big rally. Although losing will be pretty bad news. With CPI data coming out it makes perfect sense that we will hold here till closer to announcement and then decision will be made after.
Had my head in the 1hr charts so much lately I completely ignored the fact we broke the 200EMA and are retesting it whilst say on some key price support.
This does not mean definite bounce but it does mean we are going to see a bit of a decision here. We could see a bounce and it will likely lead to a pretty big rally. Although losing will be pretty bad news. With CPI data coming out it makes perfect sense that we will hold here till closer to announcement and then decision will be made after.
