Bitcoin (BTC), a type of digital money, has been going down in price recently! It fell from $100,000 to under $80,000 because of worries about the economy and other things. But there's some good news!
- A special chart called the RSI shows that the selling might be slowing down.
- This could mean Bitcoin's price might go back up soon.
- Important news about the U.S. economy is coming out soon, and it might help Bitcoin's price.
| Thing | Data |
|---|---|
| Bitcoin's price (last month) | $100,000 |
| Bitcoin's price (this week) | Under $80,000 |
| Expected US inflation (annualized) | Headline CPI: 2.9%, Core CPI: 3.2% |
Remember: Investing in Bitcoin is risky, and prices can go up or down. This is just news; it's not financial advice!
