Bitcoin price loses $82,000 after hot CPI: Can $80,000 support hold?
7 Articles
7 Articles
Bitcoin price loses $82,000 after hot CPI: Can $80,000 support hold?
Bitcoin price has fallen below $82,000 following a hotter-than-expected U.S. inflation report, while its daily chart still places the Supertrend support line below the market near $79,664. TradingView’s Binance BTC/USDT daily chart showed Bitcoin at $81,830.60 on Oct. 14, down…
Bitcoin remains under pressure from rising inflation and uncertainty surrounding the Fed's decision. The price is falling to around $81,000.
Bitcoin Falls Below $82,000 as US Inflation and Oil Prices Rise
Bitcoin fell below $82,000 on Wednesday after US inflation data for September came in higher than expected, increasing pressure on cryptocurrency and other financial markets. Bitcoin dropped to $81,926 on Bitstamp following the release, while investors reacted to rising energy costs and changing expectations for Federal Reserve interest-rate policy. US consumer price index (CPI) inflation […]
September CPI rose to 3.7%, and Bitcoin (BTC) fell to $81,724. What do the $80,000 support level, Snyder's short position, and the liquidation map tell us?
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