Hello Everyone đ€
BTC is looking a bit weaker after CPI data release but it's still showing some bullish energy.
Currently BTC is at the Support of 20, 50EMA in 4H time frame but still under the resistance of 200EMA nearly about 58800.
BTC is trying to move above 57k resistance which is 0.5 Fibonacci point and if BTC break this resistance and sustain for more than 12 hours than probability of 60k will be sure.
Secondly there's liquidation at around 53800 to 54000, So BTC might grab liquidity at 54k 1st and then moves toward 58k to 60k.
