Crypto Market Wrought Ahead of Consumer Price Index

Azeez Mustapha


Unlock Daily Forex Signals

Select a Plan


1 - month



3 - month



6 - month






Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

Both the Security and Exchange Commission (SEC) and the New York Department of Financial Service have rendered the cryptocurrency market turbid. This is due to their recent regulations on monetary policies. Recently, the New York Department of Financial Services ordered the termination of the issuance of a stablecoin on Paxos. BTCUSD could be seen facing the downside as some investors panicked due to this news. 

However, given that the Consumer Price Index (CPI) is scheduled to be reported on Tuesday, many market participants appear to be keeping an eye out for any indication of bullishness or bearishness. The majority of trading and investment choices made by players in the cryptocurrency market will be influenced by Tuesday’s CPI data, according to market makers Adam Farthing and Colin Howe of B2C2.

Key Bitcoin  Levels To Watch – February 12

Crypto Market Wrought Ahead of Consumer Price Index According to the Moving Average Convergence Divergence (MACD) indicator, the histogram appears to have crossed the zero line to the downside. This implies that the continual formation of lower highs and lower lows is possible.

Since the failure swing in December 2022, BTCUSD has been quite bullish as the market structure has shifted to the upside. This also conforms with the directional bias of the MA Cross indicator. However, BTCUSD seems to be overbought, and a correction into the discount range is necessary.

Bitcoin Key Levels

Resistance Levels: $48240.00, $32933.00, $28800.00
Support Levels: $21478.00, $15460.00, $12486.00

Total Market Capitalization: $998.14B
Bitcoin Market Capitalization: $417.27B 
Bitcoin Volume: $24.49B
Market Rank: #1

You can purchase Lucky Block here.  Buy LBLOCK

Note: is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.


  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *