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BTC price due for $31K as analyst says ‘disinflation’ boosting Bitcoin

Bitcoin (BTC) looked set to challenge range highs on July 13 as fresh macroeconomic data boosted risk asset bulls.BTC/USD 1-hour chart. Source: TradingViewPPI shows U.S. inflation retreating beyond expectationsData from Cointelegraph Markets Pro and TradingView followed the market as the BTC price focus shifted above $30,500.PPI inflation leads CPI by

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Bitcoin bulls stumble at $23.4K as Fed’s ‘disinflation’ sparks BTC price rally

Bitcoin (BTC) rebounded to key resistance into Feb. 8 as crypto markets got a boost from a familiar source.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPowell: "Disinflationary process" is hereData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching the important $23,400 zone on Bitstamp overnight.The pair reacted positively to the

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