HomeUncategorizedBTC price focuses on $26K as Bitcoin traders brace for CPI volatility By Cointelegraph

BTC price focuses on $26K as Bitcoin traders brace for CPI volatility By Cointelegraph

June 13, 2023

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© Reuters.

(BTC) returned above $26,000 on June 13 as analysts eyed resistance overhead.

1-hour candle chart on Bitstamp. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to reclaim $26,000 support after the daily close.

Fed target rate probabilities chart. Source: CME Group (NASDAQ:)