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Bitcoin spoofs $40K breakout as US CPI inflation data conforms to 7.9% estimates

Bitcoin (BTC) turned back time to February on March 10 as the latest U.S. inflation data sparked a bout of volatility.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingViewWheat gives Bitcoin a run for its moneyData from Cointelegraph Markets Pro and TradingView showed BTC/USD reacting strongly to February’s Consumer Price Index (CPI)

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BTC price faces crucial trend battle as Bitcoin RSI confirms breakout

Bitcoin (BTC) may have stopped short of $40,000, but this week’s gains have helped spark a more significant breakout for underlying price strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI breaks a two-month traditionData from Cointelegraph Markets Pro and TradingView shows that sustained BTC price action above $37,000 this week has allowed

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Bitcoin stays near $38K as RSI breakout challenges ‘boring’ weekend

Bitcoin (BTC) circled the $38,000 mark into Jan. 30 as a "trappy" weekend still offered the chance of a solid weekly close.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Choppy waters" for BitcoinData from Cryptox Markets Pro and TradingView showed BTC/USD regaining the $38,000 mark after seeing local highs of $38,740 on Bitstamp

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Bitcoin dips below $42K as new forecast says breakout ‘most probable outcome’ for BTC price

Bitcoin (BTC) returned closer to $40,000 on Thursday as $44,000 resistance proved too much for bulls to overcome.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuying another dipData from Cointelegraph Markets Pro and TradingView showed BTC/USD shedding around 4% in 24 hours on Jan. 14.The pair had topped $44,450 on Bitstamp before the

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