🟠 Bitcoin $BTC falls below $74,000 after higher-than-expected CPI data
📌 Bitcoin (BTC) recorded a decline, slipping below the $74,000 mark shortly after October’s Consumer Price Index (CPI) data came in higher than market expectations.
📌 Analysts say the nearest support level to watch for Bitcoin is $73,000. If it fails to hold this level, selling pressure could intensify, pushing the digital asset’s price further down toward $69,000.
💬 What do you think about this development? Let’s discuss!
#Bitcoin #CryptoNews
🔗 Source: The Block
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
📌 Bitcoin (BTC) recorded a decline, slipping below the $74,000 mark shortly after October’s Consumer Price Index (CPI) data came in higher than market expectations.
📌 Analysts say the nearest support level to watch for Bitcoin is $73,000. If it fails to hold this level, selling pressure could intensify, pushing the digital asset’s price further down toward $69,000.
💬 What do you think about this development? Let’s discuss!
#Bitcoin #CryptoNews
🔗 Source: The Block
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
