On this week’s The Market Report show, Cointelegraph’s resident experts discuss if the new consumer price index (CPI) and United States inflation data will be bullish or bearish for Bitcoin (
).
To kick things off, we break down the latest news in the markets this week:
Related: Biggest mining difficulty spike in 14 months — 5 things to know in Bitcoin this week
Macro forces are brewing, while Bitcoin network fundamentals defy the bears — which side will win out when it comes to BTC price action? The price of Bitcoin has been relatively uneventful and boring these past few days, but there are some signs that a big move up or down is incoming. We take a look at some reasons why Bitcoin is due to make a move in a big way. We also discuss if it’s finally time for a Bitcoin price bottom.
Related: Bitcoin price poised for ‘very big move’ as CPI due to spark volatility
BTC price action may stay cool until Oct. 12, one analyst argues, as a historical volatility indicator prints a rare...
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