MARKET UPDATE- 👀

Over the recent 4hr candles Bitcoin has continues to respect the trendlind support, 4hr EMA200 and the $91k area (Weekly Open.) Despite the slower price action and with CPI data due today we can expect some more volatility.

BTC is facing resistance at $92.4k (Monday High,) but if this is broken I expect we could see a fast move towards $94k. If the CPI reading is worse than expected,  I will be watching the $90k area for a reaction.

$BTC $

BTC
BTCUSDT
68,806.6
-0.12%

$

ETH
ETHUSDT
1,996.11
+1.20%
BNB
BNBUSDT
626.33
+1.50%

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