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Bitcoin Price Forecast: Hot CPI Puts BTC at Risk of a Drop Below $80,000Bitcoin is under renewed pressure after hotter-than-expected US CPI data revived inflation concerns and lifted rate hike expectations. Technical traders are watching a bear flag setup that could expose BTC to a move toward $78,218 if key support fails.
FORECASTS2 HOURS AGO
Bitcoin Price Forecast: Hot CPI Print Puts Sub-$80K BTC Risk Back in FocusBitcoin is under renewed pressure after hotter-than-expected US CPI data revived concerns about sticky inflation and tighter Federal Reserve policy. Technical traders are watching a bear flag structure that could expose BTC to a move toward $78,218 if key support fails.