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BTC Price Analysis: Will Hong Kong’s Bitcoin ETF $25B Demand Propel Prices To $80K Pre-Halving?

source-logo  coingape.com 12 April 2024 14:40, UTC

BTC price analysis: It has been an interesting week which commenced with a breakout to $72,725. Before investors were accustomed to this bullish move following the previous week’s fall to $64,500, hotter-than-anticipated inflation in the US based on the CPI report, triggered another sell-off to $67,500. This rollercoaster continued with Bitcoin price peaking above $70,000 as traders bought the dip.