Bitcoin touches $23k support as stocks fall on hot PCE data

Bitcoin and crypto prices fell as markets reacted to January PCE data. The Fed’s favourite inflation measure came in hot, jolting markets lower with S&P 500 declining nearly 1.4% and Dow dropping about 400 points. Crypto analyst Rekt Capital says BTC price remains in positive territory as long as bulls hold support above $23k. Bitcoin […]

Bitcoin price outlook after BTC break above $23k

Bitcoin’s rally from December lows after the FTX collapse surprised many investors, Glassnode says in its weekly report. Bitcoin could see further upside but a fresh buy signal is likely at prices around $28.3k. Selling pressure above $23.3k is more likely given short-term holders and miner push for exit liquidity. Bitcoin price remains poised near […]