Closed

Gonna wait for daily close and reassess, meanwhile if BTC doesn't shit through $26.9k we could have some longs going here

P.S: CPI on 10th so don't get too aggressive with positioning/bias

iykyk

https://www.coindesk.com/policy/2023/05/08/us-crypto-exchange-bittrex-files-for-bankruptcy-in-delaware/

rip trex

CPI tomorrow, DXY tryna run, illiquid books

I'm expecting a bounce but imo that'll retraces fast

CPI

Forecast; 5.5%

Estimates:
Average: 5.0%

CPI:
4.9% YoY, 0.4% MoM
Forecasted: 5.0% YoY, 0.4% MoM

Core:
5.5% YoY, 0.4% MoM
Forecasted: 5.5% YoY, 0.4% MoM

Once again technically we're right on the long side $BTC

grats if you longed $BTC

Targeting mids around $28.5k

precision $BTC

sweeped $26.9ks, now we wait how the daily closes, don't wanna give back those gains

https://www.coindesk.com/business/2023/05/10/tether-reports-148b-profit-in-q1-reveals-bitcoin-gold-reserves

bullish on usdt

April PPI inflation, the Fed's "preferred inflation gauge," falls to 2.3%, below expectations of 2.4%.

Core PPI fell to 3.2% which was also below expectations of 3.3%.

There seems to be more data suggesting that a "Fed pivot" is on the horizon.

Longed some corn, bounce now (plz) $BTC

LFG

Lows got tagged, added more to longs

Tagged the lows of bigger range now as well, must bounce or'll hedge on a short trigger if it breakdown

expecting a bounce which will be faded and nuked into this OB(considering dxy starts pulling up and btc sells off hard)