Descripción
⋅ Bitcoin has been compressing between H4 EMAs 100 & 200 for a few days and, I believe, CPI on friday will put an end to this either upside or downside
I think there is no need to play it now or just after the CPI as we are probably about to witness a 15-20% move : plenty of time to position ourselves
I am still mostly bearish atm (inflation, growth & credit numbers are BAD), so will go for 65% Downside, 35% upside
Cheers