#BTC Market Update
Bitcoin Support Levels
✅ 23,500
✅ 22,800
Bitcoin Resistance
✅ 24,300
✅ 24,800
Bitcoin Needs To hold its position above 23k to remain stable in price and if it breaks the price may move down towards its next support zone which is 22.8k$.
On the Bitcoin 2H chart we can see the inverse head-and-shoulder pattern forming. Bullish!!. CPI data will be released tomorrow, there are strong indications inflation is already peaking.
Bitcoin Support Levels
✅ 23,500
✅ 22,800
Bitcoin Resistance
✅ 24,300
✅ 24,800
Bitcoin Needs To hold its position above 23k to remain stable in price and if it breaks the price may move down towards its next support zone which is 22.8k$.
On the Bitcoin 2H chart we can see the inverse head-and-shoulder pattern forming. Bullish!!. CPI data will be released tomorrow, there are strong indications inflation is already peaking.