Crypto News
Bitcoin is back at $78,000 after losing that level as support. PPI is due today and CPI follows tomorrow, putting two inflation readings ahead of the next weekly close.
Hotter inflation could push BTC below the 50W EMA. If inflation continues to cool, Bitcoin could post a weekly close above the 50 MA, while $80K remains the level to reclaim.
Frequently asked questions
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Which inflation releases are Bitcoin traders watching?
PPI is due today and CPI tomorrow. The readings are the next macro checkpoints for Bitcoin's $78K support and weekly technical setup.
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What could hotter inflation do to BTC?
Hotter inflation could push BTC below the 50W EMA.
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What chart outcome could follow further cooling?
More signs of cooling could support a weekly close above the 50 MA.
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Which price level is Bitcoin trying to reclaim?
The seed identifies $80K as the level Bitcoin could reclaim.
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Why is the weekly close important in this setup?
It separates the two scenarios in the seed: hotter inflation risks a move below the 50W EMA, while cooling could support a close above the 50 MA.
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