🟥 Bitcoin rises to ~$115,000 after US CPI data
The market was a bit surprised by the Consumer Price Index (CPI) which came close to expectations, and this restored some confidence in Bitcoin.
My analysis: this increase could continue if the price stays above 110-112K; however, if the Fed decides to raise interest rates or there is negative news, a quick correction could happen
BTC
85,765.65
-3.18%
But generally, if you have Bitcoin and are a long-term investor, just stay relaxed until I say to buy, you have no problem 👍 because it is on the rise.
