Bitcoin Price Rise To New All-Time High Could Be Hindered By Rising CPI

Bitcoin’s price has surged over the last few days, reigniting hopes of reaching a new all-time high (ATH). As of the latest price action, BTC is just inches away from breaching the $110,000 resistance.   Despite the strong momentum, Bitcoin may struggle to form a new ATH if external factors such as the upcoming CPI report is weighed in. Bitcoin Investors’ Greed Rises Trader sentiment has been on the rise recently, signaling an increase in optimism source: https://beincrypto.com/bitcoin-price-rise-to-be-hindered-by-rising-cpi/