Bitcoin short-term ‘technical sell-off’ under $100K possible ahead of May 13 CPI print

Bitcoin sells off after nearly rallying to $106,000, but data suggests the correction will be short-lived.

Key takeaways:

Possible de-risking ahead of the May 13 CPI print could be playing a role in today’s BTC price correction.

Bitcoin market structure and qualitative fundamentals remain bullish, suggesting today’s correction could be short-lived.

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