BTCUSD

The crypto market has been partially under selling pressure and uncertain following the US CPI data. Today's PPI data could potentially impact risk appetite in cryptocurrencies. Along with regulatory concerns and global worries, the technical levels in the short term are: 108024.23 – 110321.16 – 112618.10 support; 117211.97 pivot; 118746.20 – 121805.84 – 124102.77 resistance. If the US PPI comes in line with or above expectations, it could create short-term volatility in Bitcoin.