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21shares Strategist Sees Bitcoin Path to $90K After Hotter CPI Report

News.Bitcoin.com
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21shares Strategist Sees Bitcoin Path to $90K After Hotter CPI Report

Bitcoin could advance toward $90,000 once near-term economic uncertainty clears, according to 21shares strategist Matt Mena. He points to last week’s selling and historically positive returns after hotter core inflation prints as support for his outlook. Bitcoin’s $90K Forecast Faces an $85K Test Bitcoin could regain $85,000 and move toward $90,000 after upcoming economic releases, […]

Key Takeaways

  1. Bitcoin could advance toward $90,000 once near-term economic uncertainty clears, according to 21shares strategist Matt Mena.
  2. He points to last week’s selling and historically positive returns after hotter core inflation prints as support for his outlook.
  3. Bitcoin’s $90K Forecast Faces an $85K Test Bitcoin could regain $85,000 and move toward $90,000 after upcoming economic releases, […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.