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BTC price due for $31K as analyst says ‘disinflation’ boosting Bitcoin

Published 07/13/2023, 11:09 AM
Updated 07/13/2023, 12:40 PM
© Reuters.

Bitcoin (BTC) looked set to challenge range highs on July 13 as fresh macroeconomic data boosted risk asset bulls.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed the market as the BTC price focus shifted above $30,500.

Fed target rate probabilities chart. Source: CME Group (NASDAQ:CME)
BTC/USD annotated chart. Source: Michaël van de Poppe/Twitter

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