Bitcoin price rally to $115K possible as US economic data exceeds expectations


Bitcoin price rally to 5K possible as US economic data exceeds expectations


Bitcoin technical charts and encouraging US macroeconomic data could trigger a rally to $115,000.

Key takeaways:

Bitcoin investor sentiment hits a 7-month high, with a bullish pennant forecasting a rally to $115,000.

Today’s CPI print and the chance for a lower-than-expected PPI on June 12 could drive BTC price higher.

Read more



Source link