Technical Chart:
Analysis:
- Following the CPI data release, the market appears technically bullish. Bitcoin has reclaimed above the key $56k level, with potential to move toward the range high of $62k. Confirmations include favorable EMAs, positive price action, spot CVD, and open interest alignment.
Note: BTC is now available in the futures market in both CoinDCX and CoinDCX Pro apps with up to 25x leverage.
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