Technical analysis by CryptoAtlasAcademy about Symbol BTC on 10/12/2022

📰With CPI (Consumer Price Index) numbers coming out tomorrow and PPI (Producer Price Index) rising 0.4% in September we could be preparing the next big move of Bitcoin. The release of this numbers could be the catalyst. 📊Lets look at the chart: • Descending triangle, a bearish chart pattern. • Price holding above $18,000 support area. • 2 targets to the upside if we break the trendline: $22,000 and $25,000 resistance areas. • If we lose the support we are currently holding we could see a sharp decline to next support area $12,000 ✅In both scenarios opportunity arises.Bitcoin pushing towards the support after CPIBullish scenario played out, I think is possible to retest $22,000 resistance area.