Bitcoin Avoids Double Top, Rebounds to $83K Ahead of US CPI
- —BTC fell to $80,000, rebounded to $84,000, then slid back to $81,000
- —Reclaiming $82,000 invalidated the double-top pattern
- —A $1 billion move from US government wallets weighed on prices
- —Markets price an 80% chance the Fed holds rates in October
Why it matters: Holding $82,000 keeps recovery prospects alive, but Tuesday's CPI will set the tone into the Fed meeting.
Source: CoinDesk Japan