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.

You might be interested in …

Trading View April 11, 2022

Last Chance For SLP ?

Last Chance For SLP ? SLP / TetherUS BINANCE:SLPUSDT Alish512 SLP/USDT Have many bad news in market 1st: A hacker stole $625 million from the blockchain behind NFT game Axie Infinity 2nd: Axie Infinity Was […]

Trading View May 11, 2022

BTC TO $250,000 BEFORE 2025!

BTC TO $250,000 BEFORE 2025! Bitcoin / U.S. dollar BITSTAMP:BTCUSD ALTCOIN_BEAST 1) We are not in a bear market just yet, simply because we have not broken out of the support level and closed to […]

Trading View March 24, 2022

Daily chart ETH BTC in the handle

Daily chart ETH BTC in the handle Ethereum / Bitcoin BITSTAMP:ETHBTC cornbread32 Hear is a linear regresion zoomed in on the handle of the previous post with daily candles. Looks like it might be breaking […]