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【Thursday/Bit】There’s still more—keep an eye on 68000
After CPI yesterday, PPI was also below expectations. The “double drop” in inflation further suppressed expectations of more rate hikes. Everything aligned with the bullish outlook; in the short term, once the price reached 65,000, everyone had already exited all positions. These past few days of going north have brought in plenty of gains.
Given the current situation, I’m saying the boss’s rebound still hasn’t finished—how are you going to respond? 65,000 isn’t the end of this move; 68,000 is. Looking at the weekly chart, the rebound also hasn’t played out yet—we’re determined to push up to the 68,000 level.
Go long around 63,700, target 68,000$BTC