Power777

$BTC BTC continues to trade within a broader resistance zone between 72K and 80K. Within this range, aside from taking profits from previous buys, no major macro moves are expected, as there is a high probability of lower highs appearing within this broader area. The April 25th low remains a strong rejection zone that needs to be reclaimed for a potential move toward the high 70Ks and possibly the 80K area, which would be the upper part of our macro range. BTC has also tested the 3D 21EMA for the first time since the recent breakout and could potentially form a 12H bearish divergence within h

$BTC These recent moves have all been public ideas
3.8-3.9 Looking at 70k near 6.6
3.10-3.11 715 71250 indicating pullback
3.12-3.13 Indicating 74k
Yesterday indicated 70266 looking at rebound near 718

Today will release PCE inflation data and GDP growth figures. PCE is the Federal Reserve's primary inflation indicator and is expected to remain steady at 2.9%, the same as last month. Any result higher than this would support a tighter policy and a more hawkish stance from the Federal Reserve at next week's FOMC meeting, as it would indicate that inflation was already rising before the recent surge in oil prices.
Based on the strength of the dollar, the market is currently speculating on this, especially since CPI and PCE are expected to increase next month. Remember that this week's data doe

$BTC BTC has shown some local strength against the stock market and DXY in recent days, but it remains in a macro downtrend against these indices. BTC/SPX is currently near the upper bound of the bear flag range it formed, and we also have a 3D21EMA positioned here. There's also a 12H bearish divergence ahead. I anticipate a strong reversal from this broader area, potentially targeting the bear flag's range low once again.

$BTC DXY has successfully tested the trendline we discussed yesterday, which supports a short-term pullback in the crypto market and a degree of correction in the stock market. The US dollar still heavily depends on the dynamics in the Middle East, but from a technical analysis perspective, it appears likely to test the 100 region again. Today at 8:30 AM Eastern Time, we will release the CPI inflation data, which will also influence the dollar and asset markets.
The headline CPI is expected to be 2.4%, with core CPI at 2.5%, both unchanged from last month, indicating no change in inflation gro

$BTC The dominance of BTC and USDT has reached the area we discussed yesterday, and there has been a significant reaction from these zones. BTC was rejected from the 70K-71K range, forming a lower high within a broader bear flag, while USDT dominance started to rise from the lower end of the 7.65% range, forming a higher low within its broader bull flag. As previously suggested, my main focus is on how these two flags will develop over the next two weeks.
Whether they remain valid or fail will determine if we see significant volatility in the market, either upward or downward. As long as our