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Bitcoin remains close to $ 119,745-US inflation data increase hopes for interest rate cuts: BTC's next step could decide key resistance at $ 123,000.
Bitcoin and the effects of US inflation data on price development on the market for cryptocurrencies are currently causing a sensation, since the price remains stable at $ 119.745. This is done in the context of new US inflation data that heat up hopes for a interest in the interest. These developments could have a significant impact on Bitcoin's course direction. A crucial point of resistance is ...
Bitcoin remains close to $ 119,745-US inflation data increase hopes for interest rate cuts: BTC's next step could decide key resistance at $ 123,000.
Bitcoin and the effects of the US inflation data on price development
on the market for cryptocurrencies, Bitcoin is currently causing a sensation because the price is stable at $ 119.745. This is done in the context of new US inflation data that heat up hopes for a interest in the interest. These developments could have a significant impact on the course direction of Bitcoin.
A crucial resistance point is $ 123,000. If the Bitcoin course exceeds this point, this could provide significant impulses for further price development. Traders and investors therefore observe this brand exactly because it could possibly determine the next movement of the Bitcoin course.
The current economic framework, in particular inflation, play a central role in the decisions of the central banks and the financial markets as a whole. A possible interest rate reduction could lead to investors investing increasingly in risky systems such as Bitcoin.
In summary, it can be said that the combination of the current inflation data and the review of resistance levels could be crucial for the future development of Bitcoin. Dealers should remain vigilant and follow the market movements closely.