Bitcoin stays flat at $26K after PPL data as markets await Fed’s Powell
BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments.
About $570 million in weekly BTC options expire on Friday, and the recent macro and crypto news events have further tilted the advantage to bearish traders.
Two key Bitcoin price metrics suggest that bulls will be able to hold the $30,000 level as support.
BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments.