Right now $BTC is trying to break through a key local resistance level - $113,500
At this mark everything converges: technical trend change back to long on the daily TF, and the 200 MA intraday (white), and the weekly pivot corridor boundary (R3), and even volumes came in (on US PPI data)
That is, the level is quite important. If the day closes above $113,500, it opens the road to closing the GAP, around $117,000
It would be good to wait for tomorrow's CPI report as well, it's still much more important for the Fed
On alts - no changes, still normal, but closing above 1.11T could launch a new wave of pumps in small-cap alts. Overall targets at 1.19T and 1.3T remain the same.
