HomeUncategorizedBTC price targets $27K as Bitcoin bulls shrug at PPI inflation surprise By Cointelegraph

BTC price targets $27K as Bitcoin bulls shrug at PPI inflation surprise By Cointelegraph

September 14, 2023

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© Reuters.

(BTC) headed higher into the Sep. 14 Wall Street open despite fresh macro data showing resurgent United States inflation.

1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC price action as it made new September highs, topping out at $26,762.

Fed target rate probabilities chart. Source: CME Group (NASDAQ:)
BTC/USD annotated chart. Source: Jelle/X
BTC/USD annotated chart. Source: Rekt Capital/X