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Bitcoin: $18,200 Within Reach on Favorable US CPI
Bitcoin (BTC) has had a nice run in 2023, gaining 6% since January 1st. It may not sound like much in the crypto world, but a 6% rally is a welcome sight considering the beating that crypto assets have taken since November 2021. Not only that, but Bitcoin’s technicals have looked stellar since the year began. Most notable is the breakout on January 3rd, which I wrote about a day later. I managed to get long BTC at $16,722, which I announced in my other Discord group. Although I took some profit at $17,300 and will take more at $17,600, I think BTC has a shot at $18,200 this month. That’s a massive confluence of ... (full story)
