#Bitcoin tried to reclaim $70K multiple times today and got rejected every single time. That level is not giving up easily. Sellers are camped right there.

The honest outlook for today:

Expect nothing. Ranging between $68,500 and $70,500 is the most likely scenario until CPI hits. Low volume, fake moves in both directions, liquidation hunts above $70.5K and below $68K. Don't get chopped up trading the noise.

What to actually watch:

The $68,000 level. If that breaks with conviction today, someone knows something about tomorrow's CPI print. Big players sometimes position early. A clean break below $68K today is a warning shot.

One more thing — U.S. stock markets are bleeding today. Nasdaq down, recession fears creeping back in. When equities sneeze, $BTC catches a cold within hours. Keep one eye on #SPX .