Bitcoin’s price was up 3% after constant drawdowns since the end of January. The top cryptocurrency managed to rebound above $80,000 after a brief decline below the range on March 11.
Bitcoin weekly chart. Source: Cointelegraph/TradingView
After the US core Consumer Price Index (CPI) came in lower than expected at 3.1% on March 12, Bitcoin’s market structure now sees the possibility of a quick bullish turnaround.
Bitcoin liquidity clusters at $84K-$85K
After Bitcoin’s (BTC) price tumbled on…
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