Bitcoin (BTC) soared 1.04% yesterday following the release of the US CPI data, which came in at 2.4%, lower than the 2.5% forecast.
Bitcoin (BTC) price dropped 1.05% over the last 24 hours and now trades at $107,533. The recent rise in US CPI and a lower-than-expected reading failed to generate enough buying pressure to continue the uptrend despite the Dragonfly Doji formation.
The lower highs and lower lows market structure on the daily chart attest to the fact that the bullish structure is breaking down and sellers are returning.
The higher highs and higher lows market structure that defined BTC’s bull run since April 2025 has been breached, and signs of a reversal are appearing. Here are some key signals to
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