Technical analysis by Essendy about Symbol BTC on 10/11/2023

Monthly turned green to red today. Obviously early in the month but I always like to note when the candle changes color. Also note that it appears to be rejecting VWAP from ATH, multiple ma's, 2021 dip lows, and a key Fib extension. CPI report in the morning could be a catalyst to move this. Regardless if CPI moves it or not, I think we see a large candle (20-30%) this month or next after being in a tight range the past 6 months. Evidence is leaning towards down, but this is crypto & could easily see a massive green candle to negate everything I just mentioned. Currently have a small position in MSTR puts.