• As previously mentioned, BTC retraced from the 64.4k-64k level and returned to the demand zone of 60.7k-59.7k.
• BTC currently holding the zone along with the 200 EMA on the daily timeframe. If the level holds, we might see BTC at a higher level in the coming days.
• Losing the zone might lead to 58k-57.5k or lower.
• The CPI data will be released today. Expect volatility and manage your risk accordingly.
Trade Safe !!!
