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Bitcoin Price Prediction: BTC Faces Potential Drop to $54,000 Amid CPI Volatility and OI Decline Coinotag 15 Aug 2024

Bitcoin Price Prediction: BTC Faces Potential Drop to $54,000 Amid CPI Volatility and OI Decline 📉

Bitcoin

Bitcoin (BTC) price prediction points to a potential decline to $54,000. The forecast is influenced by the volatility in Consumer Price Index (CPI) data and a continuous drop in the Chicago Mercantile Exchange (CME) futures Open Interest (OI).

Currently, Bitcoin is delicately maintaining its support level at $58,000. Market participants should be cautious amid these short-term bearish signals.

Quelle: en.coinotag.com ↗

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