Why Bitcoin’s Next Target Could Be $93,000

The post Why Bitcoin’s Next Target Could Be $93,000 appeared first on Coinpedia Fintech News

Bitcoin (BTC) is down 2% in the last 24hours, trading at $81,698 after US inflation came in hot and raised the odds of another Fed rate hike. Compounding the decline is a cascade of long liquidations ($63.17 million in the past day) and a break below the $82,000 – $83,000 support zone. Institutions have also …