Chart analysis for Bitcoin after news of inflation and unemployment in the US
Nothing strange or unexpected
The market has priced in previously as the price was supported at 74500
And it rose to 83500 yesterday
Today the price did not move up even after positive inflation news for Bitcoin
Because it rose previously yesterday
Today is a correction to test the supports
At 78500 then 76200 then 74500 again
And my expectation is if it reaches 76200 it will test other lows
Which may reach 69800
Before continuing the rise
