German inflation rate falls to 7.6 percent, BTC pump?
Bottom found? US markets likely to follow EU markets very soon. I suppose to see BTC to hold the 20k$ for atleast short-term. With upcoming inflation data for july, I see a direct correlation that US inflation data will also be promising, leading to a recovery to atleast 24-25k$ in short-term. Altough rising OIL prices and commodity could mid-term again crush this inflation data.
This is not an investment advise, and not a trading recommendation for BTC! always do your own research.
This is not an investment advise, and not a trading recommendation for BTC! always do your own research.
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