BTC had a hard rejection after rallying on the CPI print, but failed on a retest of it's previous trendline support. Now it's sitting back at demand, bulls need to defend here or it's likely headed towards $50-60k. Not looking great for inflation assets in this overnight session, but we'll see what the morning brings.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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