Yesterday, the U.S. inflation data came in above expectations, and selling pressure formed in the markets. Let’s look at the important levels on the charts.

$BTC We will monitor the 82,885 peak and the 78,203 level on the 4-hour timeframe. Breakouts will provide information about the direction.
If it stays below 78,203, sell pressure increases and the decline continues.
As the decline approaches the 74,929 bottom, there is a possibility that buyers may come in. If it also can’t recover here, the decline will deepen even further.
Since the 71,000-68,000 zone is a Fibonacci support level, buyers may appear in this area. On the upside, we will track the 98,000-109,000 and 107,000 resistance levels.
Especially the 109,000-107,000 zone will be an important resistance area. If it can’t stay above the last peak of 126,199, there could be another drop.
On the downside, the 60,000 level is important. If there is a daily close below it, it is a zone where sellers will strengthen further, and the decline will deepen. It will initiate a deep correction.