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BTC/USD Daily timeframe - The monthly level was not hit, and | Crypto Signals ©

BTC/USD

Daily timeframe - The monthly level was not hit, and upon the release of the CPI news, we saw the stock market & Bitcoin dump simultaneously.
Similar to ETH, Bitcoin eventually dumped to the 0.618 Fibonacci level but not testing the value area low and Weekly NPOC.
Also, the point of control is located at 50% of yesterday's dump candle, so that could be an area to pay attention to as this could be an area to look for shorts IF the price gets rejected in this zone.

@Whalescryptovip