Bitcoin is currently coiling inside a tight $63,500–$65,200 range ahead of the upcoming U.S. Consumer Price Index (CPI) release. With derivative open interest building up while spot volume remains thin, a massive liquidation-driven move is brewing.
Quick Market Breakdown:
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Key Resistance: $65,400 - $65,800
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Primary Support: $63,200 - $63,600
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Bullish Invalidation Target: $68,200
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Bearish Invalidation Target: $60,800
Will a soft CPI print trigger a short squeeze to $68K, or will hot inflation data flush BTC down to $60K?
👉 Read the full detailed technical breakdown & trade setups on TechnoLoger Insights
Disclaimer: This post is for educational and research purposes only and does not constitute financial advice. Always do your own research (DYOR).
