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Bitcoin’s Price Action Has Three Dates Left to Escape the $80,000 Ceiling

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitcoin traded near $79,100 on Tuesday, unable to hold $80,000, with jobless claims, inflation data and a Federal Reserve decision all landing inside eight days. The Calendar Doing the Work Three dates now stand between bitcoin’s price and a resolution of the range it has been stuck in. The first is Sept. 10, when U.S. […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Upcoming economic data and Fed decision may cause short-term volatility but unlikely to break range decisively.

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Bitcoin’s Price Action Has Three Dates Left to Escape the $80,000 Ceiling — Crypto Insight