Bitcoin (BTC) Treads Cautiously Ahead of US CPI – USD Strength Holds - DailyFX


7/12/2022 12:00:00 AM2 years 9 months ago
by Tammy Da Costa

Bitcoin prices remain suppressed by USD strength and a pessimistic growth outlook. Will US inflation drive BTC/USD out of the current range?

Bitcoin Price Forecast:

  • USD strength holds - strong employment data places US inflation in the spotlight, EM Currencies and equities fall
  • Bitcoin fails to hold above $20,000, gloomy … [+3021 chars]

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