Bitcoin price sells off after hot CPI print, but $100K remains in sight 📉
Bitcoin's price experienced a sell-off following an unexpectedly high Consumer Price Index (CPI) report, adding pressure on BTC from miners and macroeconomic uncertainties. Despite this, long-term optimism persists, with predictions of Bitcoin reaching $100,000 still in sight.
Market participants are closely watching for further developments in the macroeconomic landscape and assessing miner behavior as potential factors impacting Bitcoin's future trajectory.
Source: cointelegraph.com ↗
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Bitcoin Eyes Potential Rally Above $100,000 Amid Shift to Institutional Accumulation and Market Resilience
Bitcoin May See Positive Shift This Weekend, Analyst Predicts Potential Rise Toward $100,000
Bitcoin Approaches $100,000: Will Bulls Secure a Breakout Amid US Dollar Weakness?
Bitcoin Faces Price Resistance Below $100,000 Amid Potential Altcoin Breakouts
Bitcoin Shows Potential for Rally as Key Support Emerges Around $81K, Targeting $97K Resistance
Possible Bitcoin Price Movements Depend on Key Resistance and Support Levels: A Look at $97K and $64K
BTC Maintains Short-Term Strength: Analysts Highlight 94,000 as Key Support Level Amid Cautious Optimism
Bitcoin Traders Eye Possible Return to $90,000 as Market Sentiment Weakens
Bitcoin Faces Resistance Near $95,000; Will Demand Support Next Price Movements?
Bitcoin’s Recovery Prospects Hang on Reclaiming Critical $92k Support Level
High Demand Signals Bullish Trend for Bitcoin Despite Price Fluctuations
Bitcoin Faces Resistance Near $90,000 While Analysts Suggest Potential Long-Term Upside in Crypto Market
Could Market Manipulation Be Affecting Bitcoin’s Price Dynamics Amid Regulatory Changes?
BTC Price Surges to $91,863 Amid Bullish Market Sentiment: Key Support and Resistance Levels Explained
Bitcoin’s Recovery Near $85,000 Suggests Limited Downside, Analysts Highlight Key Resistance Levels
Bitcoin’s On-Chain Holding Cost Analysis: Key Resistance at $96,000 Amid Selling Pressure
Bitcoin Approaches $98K: Is This the Start of a Bull Run or a Risky Trap?