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Bitcoin price surfs US PCE inflation as trader keeps $80K BTC price target

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Bitcoin price surfs US PCE inflation as trader keeps $80K BTC price target

0.68%TRX$0.3189 0.42%BCH$441.46 0.69%DOGE$0.09322 0.18%XLM$0.1563 1.42%ETH$2,222 0.37%BNB$606.98 0.23%SOL$83.89 0.67%HYPE$39.64 1.96%XMR$339.53 0.54%XRP$1.35 0.19%ADA$0.2557 0.70%BTC$72,269 1.18%USD Written by William Suberg,Staff WriterReviewed by Allen Scott,Staff EditorBitcoin price surfs US PCE inflation as trader keeps $80K BTC price target2 hours agoBitcoin avoids major volatility after the first of the week's two key US inflation reports, while a trader sees a "new upwards leg" coming for BTC price action. Bitcoin (BTC) circled $71,000 at Thursday’s Wall Street open after US inflation data conformed to expectations. Bitcoin waits for new catalysts as US PCE inflation data conforms to market expectations. Friday’s CPI release will be the first to show any impact of the US-Iran war. $80,000 remains in play as a BTC price target, a trader says. Data from TradingView showed cooling BT

Source: https://cointelegraph.com/news/bitcoin-price-surfs-us-pce-inflation-data-shifts-wartime-cpi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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