Bullish View
- Buy the BTC/USD pair and set a take-profit at 22,500.
- Add a stop-loss at 20,000.
- Timeline: 1 day.
Bearish View
- Set a sell-stop at 20,500 and a take-profit at 18,000.
- Add a stop-loss at 21,500.
The BTC/USD pair consolidated as investors reflected on the latest American consumer inflation data and as the earnings season started. Bitcoin rose to $21,668, the highest level since July 10th.