Bitcoin Bounces On Lower Than Expected CPI Data | BTCUSD November 10, 2022

Bitcoin has taken 10% back in a dramatic move following the announcement of October CPI data. CPI came in below expectations, causing a melt up in risk assets including cryptocurrencies.
Take a look at the video below:
VIDEO: Bitcoin Price Analysis (BTCUSD): November 10, 2022
Before suggesting any type of bottom is in, more downside could still be ahead, with this recent movement being nothing more than a bearish retest.
Did The Drop Fill Out A Bullish Wedge Pattern?
The downward move might have