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(浩泽)
CPI Wasn’t the Surprise. BTC’s Reaction Was.
The CPI came in exactly as expected — but Bitcoin still got wrecked. 👀
CPI printed at 3.4% and Core CPI at 2.5%, both in line with expectations. At first, BTC dipped to $63.8K, bounced back to $64.47K… and then the real move came.
After 10 PM, volume exploded and BTC dumped toward $63.3K, eventually hitting a low of $63,162.
My short from $64,155 is now floating around $5.95 in profit — my best trade since I started live trading. 📉💰
Looking back, the setup makes sense.
BTC has tested the $65K area six times since early August, but failed to secure a daily close above it every time. That resistance, combined with trapped longs above $65K and the 50-day moving average, was still a major obstacle.
The CPI release may have simply removed the last bullish catalyst people were waiting for. Once that expectation was priced in, the bulls had less reason to keep pushing.
Now the key levels are clear:
🔻 Below $63,162: $62.5K → $60K support
🚧 $63.8K–$64K: New rebound resistance
I’m still holding my short, but I’m not chasing the dump. With 100x leverage, protecting profits matters more than trying to catch every dollar of the move.
Next up: Jackson Hole and next month’s CPI.
The big question now is:
Was this just a CPI reaction — or is Bitcoin finally starting a deeper correction? 👀
Did you profit from the CPI move? 📉
#BTC #Bitcoin #CPI #Crypto #Trading
#DailyOrbit
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