#BTC made a sharp down move with yesterday's #CPI release. That was a quick dump in the market that took out the liquidity. Now, the market is floating in between and has to wait for the Weekly TF closing.

#BTC.D moved strongly after the breakout and move higher. Altcoins and a few other coins had a strong up move. The index is now approaching the next big and key area of 60.75% - 60.97%. Therefore, do not jump into alts early until it taps and a rejection, which will add more confluence to the setup.

#BTC had a strong downward move, though the NY open news market had a recovery. Now the price has flipped the major area, taking it as support again for moving up. However, we must wait for the weekly closings too.

#TOTAL UPDATE:

#TOTAL had a deeper retracement, but also with a lot of rejection wick. The index is sustaining over it, showing the market is confident enough with buyers. Overall, #BTC and #TOTAL are forming a wedge pattern, so we can expect a breakout sooner, where we can anticipate the next leg up or down of the market.

#BTC WEEKLY TF UPDATE:

#BTC is likely to close the candle bearish with a rejection wick from the weekly support. Price can move weekly to weekly, and looking at the trend, it is bullish, so next week might see a reversal, but all depends on the weekly closing.

#BTC closed the week at 50%—50% of the wick and body. Now that Monday’s market is open, the price jumped and is moving sideways. Closing over the level could be an early attempt or a sign of reversal.

The Strategy entity has acquired 267 BTC, thereby increasing its total holdings to 848,517 #BTC 📈

#BTC have moved a lot but are still wicking on both sides. Price is also sideways in the market, with further liquidity building on both sides. Therefore, we expect to see movement by the end of the month, as #FOMC will likely lead the next directional move.

#BTC is still in a sideways market and has now nearly tapped into the key resistance area. With price building a flag formation, a breakout needs to happen now.

#BTC.D continued to rise and tapped into the key resistance area. The index rejected after tapping the zone and dropped. This drop means altcoins now have room to fly, but only if #Bitcoin remains stable or pumps up a little.

#BTC gave a breakout of the flag pattern and dropped hard after the liquidity hunt, as drawn. Price is now again approaching the support area, and holding above it is expected.

#BTC had a break below the flag and a major area. Now price is retesting the zone as a support/resistance area. Even though it closes over it, we have to wait more for HTF closing.

#BTC WEEKLY TF UPDATE:

#BTC is going lower again and trying to break below the support area. A rejection candle is needed here now; otherwise, it could drop lower to around $78,500 and move up from there.

#BTC closed its week pretty bearishly, making a new lower low and wiping out the old lows. Price is retracing now, and a tap into the resistance area is expected.

#BTC has gone sideways, moving back and forth around the $80,000 level. Price has formed local support and is expected to drop further to $78,500 - $78,700. There is no need to hurry; we have #FOMC today. Let's see the news and the favored direction.

#BTC rose after that small sideways market, but it is still not very clear as we have #FOMC today. News will drive the movement for next month, but bearishness is expected until the support drawn is reached.

#BTC.D rejected strongly from the drawn resistance and started moving sideways. Well, if the market starts dropping, it's a good sign as money will start flowing into altcoins. With that, the market should remain stable, so keep an eye on breakouts.

#BTC tapped into resistance and was rejected strongly by #FOMC. Rates remained unchanged as of now, and the price is approaching support at $78,500 - $78,700. Price is currently sideways, so don't rush for setups.

September #CPI came in above forecasts — headline inflation at 3.7% and core at 2.6% 📉🔴. #BTC dipped within minutes of the release as household inflation expectations climbed to their widest gap over core inflation in three years 💪.

Fed already hiked 25bps on September 16 — #BTC shrugged it off and stood more than 10% higher a week later. Futures traders now raising odds of a second hike at the October 28 meeting with US midterm elections following on November 3 — a critical macro period ahead ⚡️🎯👀

#BTC gave a break below the support zone and is now having a retest of the zone. This is the new trading range and might give another drop. But again, then a new price push can be taken towards the $81,800 area.