US CPI Data Today: Bitcoin’s Overbought Conditions Could Lead to 10% Correction
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The post US CPI Data Today: Bitcoin’s Overbought Conditions Could Lead to 10% Correction appeared first on Coinpedia Fintech News Bitcoin recently experienced a significant pullback, dropping to $86,000 after reaching an intraday high of $89,964. This decline follows a strong upward trend, fueled by the U.S. election results and a surge in market sentiment. However, analysts are now warning of a potential correction before the release of the Consumer Price Index (CPI) data on …
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