2 key economic reports threaten Bitcoin’s $80k rally as BTC price model predicts $95k incoming

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Bitcoin holds above $80,000 following a 4.82% weekly gain, but two key economic events could test this rebound. The Federal Reserve raised its target rate to 3.75%-4% on Sept. 16, and the University of Michigan Consumer Sentiment survey due Sept. 25 will determine whether inflation expectations ease or strengthen. US spot Bitcoin ETFs recorded net inflows of $433 million on Sept. 18 after net outflows of $450.4 million on Sept. 15. CryptoSlate’s price model forecasts a median price of $95,157 by Dec. 18, with a 20th-percentile estimate of $71,826 and an 80th-percentile estimate of $127,070.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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