BTC price manages 5-day highs on the back of 'mixed' U.S. CPI data.
Crypto circles also noted the lack of panic, which accompanied crypto markets’ reaction.
“This looks to be one of the least volatile market reactions to US CPI since 2022,” Investment research resource Game of TradesWith few cues coming from macro, Bitcoin traders thus looked to potential range highs and lows to determine future short-term price action.“I think we eventually interact with both red box and liquidity below. I'd be watching for shorts from red box and for longs after sweeping 20.3K liquidity.
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