BTC is about to leave the downward channel. If CPI is lower than expected, it will jump out of the channel; otherwise, BTC drops and prolongs the movement within the channel. Strength is contracting, cultivating a breakout that is likely to happen upon the release of CPI.
Yesterday BTC ran between the speculative area at $18798.44 and intraday resistance at $19275.64. The capital inflow held the pressure from bears. This will keep going until a high volatility moment at 20:30(UTC+8). As volume shrinks, intraday support and resistance are fragile today, which is more prominent as the release time approaches. Use today’s intraday target points prudently.
The expected CPI figure is 8.1%:
if data <8.1%, BTC rebounds
If data >8.1%, BTC drops
If data =8.1%, BTC goes sideway
The market expected interest rate hike in November: 75bp(15.2%),50bp(84.8%)
Yesterday BTC ran between the speculative area at $18798.44 and intraday resistance at $19275.64. The capital inflow held the pressure from bears. This will keep going until a high volatility moment at 20:30(UTC+8). As volume shrinks, intraday support and resistance are fragile today, which is more prominent as the release time approaches. Use today’s intraday target points prudently.
The expected CPI figure is 8.1%:
if data <8.1%, BTC rebounds
If data >8.1%, BTC drops
If data =8.1%, BTC goes sideway
The market expected interest rate hike in November: 75bp(15.2%),50bp(84.8%)
הערה
$18798.44 is diverted to $18763.03
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.