📊 Crypto Market Update – Aug 14

$BTC trading ~$63,500, failed to break $64K resistance twice. Dipped to $62.8K then recovered.

🇺🇸 US PPI came in at 4.7% (below 4.9% forecast) – good for inflation outlook.

⚠️ Headwinds:
• Hormuz Strait tensions escalating
• Bitcoin ETFs saw $131M outflow yesterday
• SEC cancelled key crypto meeting
• CLARITY Act delayed

Fear & Greed: 37 (Fear)

$BTC resistance: $64K | Support: $62.8K


Stay cautious, manage risk. Markets remain choppy!

#BTC #RavenFlux #Trading #CPI #etf