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Crypto pullback reprices risk as CPI and Strait headlines converge

Crypto pullback reprices risk as CPI and Strait headlines converge

The Better Traders read for August 11 begins with a Monday crypto pullback after Iran closed the Strait of Hormuz. Bitcoin’s early 4h bearish-divergence warning played out, Ethereum confirmed a drop below support, and broad ALT structure remains fragile. At the same time, CPI leaves the Dollar Index at a two-path decision, US equities remain structurally strong, and oil and metals are repricing geopolitical risk.

Bitcoin drops 1.44% as its daily trend starts leaning bearish again

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BTC closed Monday down -1.44% after Iran decided to close the Strait of Hormuz. The earlier TBT Bearish Divergence warnings on the 4h were described as accurate. Daily RSI fell to 44.14, but the source…

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