Bitcoin’s Double Top Suggests BTC Could Fall to $50K: Analyst

Bitcoin’s Double Top Suggests BTC Could Fall to $50K: Analyst

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Source: Coindesk.com

The U.S. election and CPI could be a bullish factor later this year. Fed's preferred inflation gauge, the PCE price index, due Friday, could offer relief.

Bitcoin (BTC) has carved out a double-top price pattern, signaling a potential bearish trend change ahead of key data release that could influence the Fed's

Read More https://www.coindesk.com/markets/2024/06/24/bitcoins-double-top-suggests-btc-could-fall-to-50k-analyst/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin's Double Top Suggests BTC Could Fall to $50K: Analyst" appeared first here Coindesk.com.

Source: Coindesk.com

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