Bitcoin Price: The Levels Before Wednesday's CPI

Bitcoin stands at $82,749 on Saturday afternoon, which is around 73,863 euros. Over the past 24 hours the price has moved by 0.2 percent; measured across the week it is 2.1 percent lower. Set against the days before it, that is close to standstill. And that standstill is the story of the day, because Wednesday brings the US consumer price index, the appointment likely to set the direction for the coming weeks.

Anyone looking at the Bitcoin chart today sees little. Anyone looking at the range sees something that can be put in figures: the gap between the daily high and the daily low has fallen to less than a third of the weekly average. This article tells you which levels count coming out of that calm, what happens on Wednesday at 2.30 p.m. German time, and which three figures in your own portfolio should be settled beforehand.

Bitcoin price at $82,749: the figures on Saturday afternoon

The price has been moving in a narrow band since the morning. The 24-hour high stands at $83,204, the low at $82,229. Between the two lie $975, or 1.2 percent. For comparison: on Thursday, $3,136 lay between high and low.

Converted into euros, Bitcoin stands at around 73,863 euros. The figures come from CoinGecko, as of Saturday, October 10, early afternoon. For context: a good 34 percent currently separates the price from its record of $126,080.