Bitcoin is poised for a week of uncertainty as the U.S. Producer Price Index (PPI) data is scheduled for release on November 25. The PPI, a key indicator of inflationary trends, could impact the Federal Reserve's interest rate decisions, potentially influencing Bitcoin's price movements.
On-chain analysis indicates a significant capitulation phase, with short-term holders selling at a loss. Despite this, analysts believe the worst of the selling pressure may have passed, as Bitcoin continues to consolidate between $80,000 and $90,000.
Bitcoin Faces Uncertainty Ahead of U.S. PPI Data Release
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