We have very low volume in Market if we compare to the last few weeks, Yesterday released Core CPI & CPI data both were bearish however Crypto Market reacted not that bearish which we are expecting .
DXY lifted to 109 and spy not reacting much if you zoom in dxy Chart you will see dxy Making bearish pattern on 4H TF we may see dump around 107.2 or somthing.
After the inflation report we haven't sae too much drop in price ,on 4H TF BTC is making bullish pattern price broke out from $20k Support level now going towards our next stop which is around $22600 this is the area where we can expect dump.
In my opinion this week is bulish for Crypto market when the European central bank will release their intrest rate next week then we might see drop.
Posted Using LeoFinance Beta