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Bitcoin price reclaims 6 figures on CPI relief as traders see $110K+ next

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Bitcoin price reclaims 6 figures on CPI relief as traders see 0K+ next
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Bitcoin price reclaims 6 figures on CPI relief as traders see $110K+ next

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Source: Coin Telegraph

Bitcoin price targets rise as a swift comeback sees BTC/USD spike through the $100,000 mark.

Bitcoin (BTC) returned to $100,000 after the Dec. 11 Wall Street open as on-point United States macroeconomic data fueled a rebound.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView tracked BTC price gains of nearly 4% on the day.

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Author: William Suberg

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