BTC: QUICK UPDATE AND CPI EFFECT!!
2025-01-15
Category: None

🚀 Hey everyone! 👋

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BTC Update:
Bitcoin is currently forming a symmetrical triangle while holding the $90k support like a champ! 🚀 It’s bounced back strongly so far and is trading within the triangle—but the next big move hinges on the CPI data.

📊 Here’s what to watch for:

Bullish Scenario: If CPI data is favorable, we could see a breakout from this triangle, potentially driving BTC to a new all-time high (ATH)! 🌕
Bearish Scenario: If CPI data disappoints, BTC could revisit the $90k support. A break below $90k might take us to $85k or even lower levels.
💡 Key takeaway: Stay cautious and wait for the CPI data to give us a clear direction.

🔥 What’s your take? Are we heading for a new ATH or dipping below $90k first? Let us know your thoughts in the comments!

Let’s navigate this market together—stay tuned for updates! 🚀