When examining the daily technical price chart of Bitcoin, it can be seen that the price is struggling to surpass the $31,000 resistance level, and caution is needed in the market as the US inflation data is awaited. According to the short-term technical analysis, specific resistance zones and the inflation data can be determining factors in price movements. The post How Can the US Inflation Announcement Affect Bitcoin? July 12 BTC Analysis appeared first on COINOTAG EN .
