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Bitcoin Price Prediction – BTC Crashes Below $16,500, Can US Inflation Data Push it to $10,000

Under the $19,350 resistance level, Bitcoin price prediction remains bearish; however, $15,850 is acting as a major support and may underpin BTC. After the release of October's CPI figures, Bitcoin experienced a sudden 1...

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Bitcoin Price Prediction – BTC Crashes Below $16,500, Can US Inflation Data Push it to $10,000
Under the $19,350 resistance level, Bitcoin price prediction remains bearish; however, $15,850 is acting as a major support and may underpin BTC. After the release of October's CPI figures, Bitcoin experienced a sudden 10% jump. The unexpectedly low CPI reading sent the price of risky assets like cryptocurrency soaring....
Read More: Bitcoin Price Prediction – BTC Crashes Below $16,500, Can US Inflation Data Push it to $10,000

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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