๐ Bitcoin's stubborn refusal to drop below $70K has Wall Street buzzing! Despite a seesawing market, BTC bulls are holding firm. U.S. PPI inflation data came in lower than expected, boosting risk-asset sentiment. While some are waiting for the Federal Reserve to lower interest rates, others are more focused on the upcoming block subsidy halving and current BTC price structures. $69K is the "most critical" level to watch, according to Keith Allen, co-founder of Material Indicators. Meanwhile, traders are hesitant to long BTC due to successive rejections near all-time highs. But hey, who doesn't love a good challenge? ๐
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