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Bitcoin in consolidation as dollar strength reaches 20-year high
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Bitcoin in consolidation as dollar strength reaches 20-year high

Week 27, 2022

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K33 Research
Jul 12, 2022
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Bitcoin in consolidation as dollar strength reaches 20-year high
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Highlights from the last week

Market Update

  • Bitcoin has declined below $20,000 after a promising mid-week performance last week but remains within its consolidation range. The Monday sell-off was sparked by a poor weekly open for equities, as the market braces for the upcoming CPI release on Wednesday. (Read article)

  • June U.S. CPI numbers are released on W…

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