$BTC: How Economic Data Could Drive Market Movement
price action is slow bear in mind this week we have PPI data and CPI data and that could be a catalyst a catalyst we need to get this chart moving at the moment the market is just holding sideways quite a lot of economic data coming out this week um and that could generate some decent volatility later this week maybe tomorrow we already see a bit of movement and then when CPI comes out even a little bit more I think the support levels should be really clear the Reas resistance area is also here on the chart it’s between 63k and 64.4 and at the moment the market is only red in three waves if we get five yeah we have the next level of confirmation that we could have bottomed overall throughout the day not much happened what was exciting a little bit was the move from the Friday low here especially the rally from um yeah early like Monday morning to where we are now but yeah it’s just consolidating so at the moment it definitely price action would allow for one more High
$BTC: How Economic Data Could Drive Market Movement
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