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Bitcoin’s Price Faces Potential Breakdown To The $92,000 Level Post-CPI Data Report

2025-06-23 14:36:29

Bitcoin’s Price Faces Potential Breakdown To The $92,000 Level Post-CPI Data Report

Description

Following the United States Consumer Price Index (CPI) data release, Bitcoin ‘s price witnessed a rebound to the $98,000 level, raising investors’ hopes once again. However, this rebound was brief as BTC’s price began to drop a few hours after the upward move. As prices see bearish movements, crypto analysts believe that the drop could extend toward key support levels. Downside Risks Mounts For Bitcoin Bitcoin’s price action is under renewed pressure post-US CPI data release on Wednesday as reve...

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