🚨 $BTC Hits New(ATH)Before Slight Pullback 🚨
$BTC Bitcoin recently surged to a new all-time high ($ATH ) of $123,218, marking another major milestone for the crypto market. However, it’s currently seeing a minor correction, trading around $117,500 at the time of writing.
This pullback seems to be driven by market caution ahead of the U.S. inflation data release. Analysts expect the Consumer Price Index (CPI) to show a 2.7% YoY increase for June. With macroeconomic indicators like inflation playing a growing role in shaping crypto sentiment, many investors are taking a cautious stance.
Still,
BTC’s strong momentum and growing institutional interest suggest this might just be a healthy correction before the next leg up. 📈
Are you buying the dip or waiting on the sidelines?
#Bitcoin #BTC #Crypto market #Inflation #CPI #BinanceSquare