Bitcoin price dip may retest $55K before next leg up

Based on Wednesday’s upcoming CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover.

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  • bitcoinBitcoin(BTC)$117,397.00-2.28%
  • ethereumEthereum(ETH)$3,073.692.21%
  • rippleXRP(XRP)$2.89-1.58%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$688.90-0.28%
  • solanaSolana(SOL)$161.85-0.33%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.195413-1.06%
  • tronTRON(TRX)$0.301037-0.41%
  • staked-etherLido Staked Ether(STETH)$3,069.762.10%
  • bitcoinBitcoin(BTC)$117,397.00-2.28%
  • ethereumEthereum(ETH)$3,073.692.21%
  • rippleXRP(XRP)$2.89-1.58%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$688.90-0.28%
  • solanaSolana(SOL)$161.85-0.33%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.195413-1.06%
  • tronTRON(TRX)$0.301037-0.41%
  • staked-etherLido Staked Ether(STETH)$3,069.762.10%