Bitcoin Price Prediction – Dropped Closer to $18.6k Before Bounce, CPI data arrives
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin dipped from the comfortable accumulation range of $18.8k – $19k to near $18.6. This is an extremely odd price action since the DXY (Dollar Price Index) has been rising, and the stocks are up. Why is Bitcoin behaving this way? Let us look at the Bitcoin price prediction of the day and shed some light on it. Bitcoin has been in turmoil since last month. Since Septembear had Bitcoin clinging to $19k, people thought the “Pumptober” would be better. And it was good during the initial times as Bitcoin could hover over $20 for a long time. But that rally relief didn&rsquo ;t last long Bitcoin is once again clinging to $19k. Today, it dipped to near $18.5 levels before bouncing. And the trading charts have- started to show signals that the crypto crowd show might be too good to be true. Here is a look at the dollar index market to make sense of these occurrences. The USD dollar Index is Ri...