Bitcoin & March CPI

Bitcoin all time history index INDEX:BTCUSD

R0MM3LL

BTC has shown clear price breakdowns from rising parallel channels across MTF’s.

Following yesterday’s ~7.5% pullback, BTC reversed with little momentum into a parallel channel that’s now showing weakness.

Bureau of Labor Statistics publishes March consumer inflation today in 1 hour followed by producer inflation (PPI) tomorrow.

LTF bear flag reflected with corresponding price target within the defined zone, $36.6k between today & tomorrow.

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