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Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower Ahead of US Inflation Data

December 12, 2022

Category:

Bitcoin

Bitcoin (BTC) started the week in the red, as traders prepared for a big week of economic announcements from the United States.

Inflation figures will be released on Tuesday, and are expected to fall to 7.3%, down from 7.7% the month prior.

BTC/USD fell to an intraday low of $16,899.39 during Monday’s session, which comes a day after hitting a high of $17,245.64.

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