
🚨 Has Bitcoin’s floor been left behind? Following the surprise in U.S. inflation data (CPI at 2.4%, 0.1% lower than expected), Bitcoin rapidly surged to $69,190. This immediate reaction has left the entire market wondering whether this is the breakout of a new bullish phase or merely a technical pause before the next decline. 🔍 Key details: - The lower-than-expected inflation figure has boosted optimism, though the probability of interest rate cuts by the Federal Reserve remains below 10%. Nevertheless, the clear upward trend could encourage the market in the coming months. - On the chart, Daan Crypto Trades highlights critical resistance near $68,000; breaking above this level would confirm the rebound, but losing it could reignite bearish pressure. - Michaël van de Poppe notes that we may be consolidating a “higher low” at these levels—a very positive signal for the medium term. 📊 Watch the $68,000–$69,000 range closely, as it could determine BTC’s direction over the coming weeks. The next few days will be crucial to see whether Bitcoin confirms strength or must pull back before challenging all-time highs. Do you think BTC has room to rise further, or is a near-term correction likely? Share your thoughts in the comments and join the community discussion—markets move, and every perspective counts. #Bitcoin #Cryptocurrencies #CPI #Inflation #Trading #TONPlayz #AvafaConsulting #IbaraStudio
