Bullish View

• Set a buy-stop at 24,600 and a take-profit at 25,500.
• Add a stop-loss at 22,500.
• Timeline: 1-2 days.

Bearish View

• Set a sell-stop at 23,450 and a take-profit at 22,000.
• Add a stop-loss at 25,000.

The BTC/USD price jumped in the overnight session as the market reflected on the latest US inflation data. It crossed the important resistance at 24,000 for the first time since last week and is about 35% above the lowest level this year.