BTC survived the CPI stats for the moment, the key support of the month went back to 18k. BTC still runs within the box and forms a consolidation triangle in the downward channel. The range has narrowed down to an extent of breakout.
The box: $22673.01- $18813.62
The key support of the month pulls back to $18069.09, which would be either so strong as to kick the price back or being broken with a big slide.
Congestion range: $22030.83 - $18813.62 (the first range to breakout), centering $20455.68.
If the price stays above the center, it’s turning upwards and vice versa. (Reference at 8:00 UTC+8)
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