$BTC
� Trader's Diary – Update after data release
(In continuation of the previous post)
The inflation report came in lower than expectations, which eased the pressure that the market was anticipating, but at the same time it did not create a new surge, and this is normal in a market that was already moving without news.
As for Bitcoin, the data supported the scenario that the current movement is behavioral rather than news-driven. As long as the price maintains trading above the range of 84–82 thousand, the correction is preferable to remain within an upward trend, and any real rebound needs structural confirmation, not just a quick candle after the news.
Again, not just a quick candle after the news.
The news removed the risk, but it did not give an entry signal.
And the chart is still the decision-maker.
