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Alts are outperforming Bitcoin, making my portfolio value measured in Bitcoin grow. Nothing feels better than that.
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Not something you see every day, a bullish FVG lining up perfectly with an inverted one. That area is looking like solid support. If we get a retest, it will probably be quick. Dips like this are made for buying.
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U.S. April Consumer Price Index (CPI) Report Headline CPI (MoM):Ā +0.2%Ā (vs. est.Ā +0.3%) Headline CPI (YoY):Ā +2.3%Ā (vs. est.Ā +2.4%) Core CPI (MoM):Ā +0.2%Ā (vs. est.Ā +0.3%) Core CPI (YoY):Ā +2.8%Ā (in line with est.Ā +2.8%)
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Looking at the roadmap alongside global M2 liquidity, the current $BTC pullback fits perfectly within the pattern. See the orange box. This dip looks like a buy. With today's CPI drop, we might just hit the inflection point. Btw, is a cup and handle pattern in the making? š
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Big day ahead, US CPI drops today. Any soft print could spark a bullish reaction. Last month came in cooler at -0.1%, mostly due to falling gas and energy. Unless that reverses, today should stay calm.
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