Bitcoin’s post-CPI rally above $69,000 may help complete the V-shaped recovery chart pattern and also confirm that $60,000 was the sell-off bottom.
Bitcoin (BTC) charged above $69,000 on Friday as US CPI data showed cooling inflation, leading traders to hope for a short-term BTC price recovery.
Key takeaways:
Traders favor a short-term BTC price relief rally, but bulls must first take out the resistance at $68,000 to $70,000.
The post Crypto News Today: Trump-Linked Truth Social Files for Two Crypto ETFs Targeting Bitcoin, Ether, and...
DigestWire is an automated news feed that utilizes AI technology to gather information from sources with varying perspectives. This allows users to gain a comprehensive understanding of different arguments and make informed decisions. DigestWire is dedicated to serving the public interest and upholding democratic values.
Privacy Policy Terms and Conditions