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
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] full article...