HomeUncategorizedUS GDP misses goal as Bitcoin price seeks to erase ‘ultra nasty’ 7% dip By Cointelegraph

US GDP misses goal as Bitcoin price seeks to erase ‘ultra nasty’ 7% dip By Cointelegraph

April 27, 2023

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© Reuters.

(BTC) stuck to $29,000 at the April 27 Wall Street open as United States gross domestic product (GDP) growth missed expectations.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD once again stagnant after flash volatility the day prior.

Fed target rate probabilities chart. Source: CME Group (NASDAQ:)
BTC/USD annotated chart. Source: Michaël van de Poppe/Twitter
BTC/USDT exchange data. Source: Daan Crypto Trades/Twitter