Bitcoin (BTC) Price: Is the Bear Market Already Over? Analysts Weigh In
Photo: CoinCentral
TLDR Bitcoin trades near $83,893 on Oct. 12 and remains inside a range between $80,314 and $87,397. U.S. spot Bitcoin ETFs saw $484.9 million in net outflows on Oct. 7, after $118.8 million in inflows the day before. CPI data is due Wednesday, with PPI and retail sales due Thursday. RSI sits at 55.13, while MACD remains bearish in the short term. Coin Bureau and Ash Crypto both point to signs of a bullish recovery. Bitcoin is trading near $83,893 on the Oct. 12 daily Coinbase chart.
Source: CoinCentral
