Bitcoin & March CPI
Bitcoin all time history index INDEX:BTCUSD
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.
