Bitcoin Price Prediction as BTC Shoots Up 4% - How Much Higher Can it Go?

Bitcoin has recovered over 5% during the European session in the last 24 hours, as weaker US inflation figures have increased, triggering a reversal in the crypto market. With renewed optimism about the economy's future, investors have returned to riskier assets, sending the market price of the largest cryptocurrency by market capitalization to $17,250. The continuing FTX unwinding triggered a price drop on Wednesday, sending it to two-year lows. ... Read More: Bitcoin Price Prediction as BTC Shoots Up 4% - How Much Higher Can it Go?