Bitcoin rises despite US inflation hitting 3-year high: Where will BTC price go?
Hex37's read
- Bitcoin price is rising despite a 3-year high in US inflation.
- BTC's recent rebound is facing technical resistance.
- There's an increased probability of BTC falling below $60,000 in June.
What it means for traders
- Traders should monitor resistance levels for potential short opportunities.
- A dip below $60,000 could signal further downside pressure in the short term.
Affected markets
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