Yesterday's CPI and Inflation numbers didn't move charts anywhere. Dollar Index remains where it was. #Bitcoin moves above developing Year VWAP. Today PPI gives another chance for shake out, so dip to 25950 is highly possible. The rest depends on the reaction. Chart ain't bullish nor bearish. It possess equal chances to shake the crowd on both sides of the trade.
Main levels to watch once volatility kicks in:
đž 25280-25330 - previous weeks lows
đž ~24580 - August low
đž 26600-26900 - Q2 VAL and month 20SMA
đž ~27550 - May VWAP
đž ~28100 - Q2 VWAP
$BTC 4H EMAs:
đŒ 55 at 25925
đ» 233 at 26826
đ» 987 at 27227
Minor #BTC SR levels:
đ„ 26616 - 26806 - 27250
đ© 25950 - 25600 - 25300