Here’s How Bitcoin Price Reacted to February's CPI Report

Bitcoin Price: Bitcoin, the leading digital asset by market cap, is in price discovery mode, marking its new all-time high of $72,850 on Monday. The BTC price has been riding an aggressive rally since late january when the price rebounded from $38600. The positive upswing has uplifted the coin 86% to reach the current trading price of $71590. With the rising trading volume, the coin price breached the neckline resistance of the cup and handle pattern, signaling the potential for further growth.