BITCOIN (BTCUSD): CPI Report & What is Next ₿
The today's CPI report is very positive for Bitcoin.
The market bounced and gained more than 4%.
I believe that the price will manage to reach 18100 - 18660 resistance.
It is the closest supply area that I spotted.
Then, everything will depend on the reaction of the price to the boundaries of a bearish flag pattern.
Bearish breakout of its support will be a signal to short.
Watch carefully the underlined structures and consider them for breakout/pullback trading.
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