Биткоин ожидает данных по инфляции в США: нервы CPI останавливают рост цен на BTC

Bitcoin (BTC) hit multi-day lows on Aug. 10 as crypto traders braced for impact with fresh United States inflation data.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Trader: Market “could get ugly” if CPI keeps rising

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $22,668 on Bitstamp at the most recent daily close — its lowest since Aug. 5.

Bullish momentum had evaporated during the day prior, and the mood among traders was firmly risk-off as markets awaited the latest Consumer Price Index (CPI) readout.

Covering July, the data was due at 8:30 am Eastern time on Aug. 10, with expectations demanding it show that U. S. inflation had already peaked.

“CPI prints have been pretty pivotal for BTC price action,” Blockware lead insights analyst William Clemente wrote in part of a tweet about the event, adding that CPI would form a “big day” for crypto.

An accompanying chart showed the impact of previous CPI readouts on BTC/USD.

BTC/USD annotated chart showing CPI events. Source: William Clemente/Twitter

Trader and analyst Daan Crypto Trades, meanwhile, gave a CPI reading of 9.1 or above as “bearish” for price action against current expectations of 8.7.

Quote.

CPI Guide for today in my opinion:

CPI YoY:
8.7-9.1 Neutral probably slightly bearish
9.1>Bearish

Core CPI YoY
5.9-6.1 Neutral
6.1>Bearish

More thoughts below

— Daan Crypto Trades (@DaanCrypto) August 10, 2022

End of Quote.

“The market has been pumping on the idea of inflation having likely peaked the past month,” he wrote in a dedicated thread.

Quote.

“If it doesn’t get that confirmation today I think it could get ugly short term as the peak will likely be moved forward another 1–2 months. Which likely means a delayed Fed pivot as well.”

End of Quote.

Macro analyst Alex Krüger was more dismissive, meanwhile, calling CPI a “little number” while acknowledging its impact on risk asset trends.

BTC price still far from bullish pivot zone

BTC price action thus stayed wedged in a familiar range with classic support and resistance levels still in play.

BTC/USD circled $23,000 at the time of writing after dropping more than $1,000 the day prior.

Daan Crypto Trades flagged $24,300 as a crucial level to break and hold for Bitcoin to “fly,” with $21,000 a potential target in the event of a breakdown.

Quote.

$BTC Testing a critical support level here with the 4H 200EMA coming in below it at $22.7K.

If we’d get a full on breakdown then the logical target would be low $21Ks.

Break and hold above $24.3K and we’ll fly.

Those are my levels to watch for the time being. pic.twitter.com/UrDmxuebGf

— Daan Crypto Trades (@DaanCrypto) 9 августа 2022 г.

Ресурс мониторинга цепочки Whalemap тем временем продолжил анализ уровней покупки и продажи китов.

«BTC вернулся в область скопления китов», — резюмировала команда Whalemap 9 августа.

«Цены, где скапливаются киты, обычно выступают в качестве поддержки или сопротивления для ценового движения биткоина. Вопрос в том, получим ли мы снова отскок или уйдем глубже».

Аннотированный график притока средств в кошельки китов биткоина. Источник: Whalemap/Twitter