The market has found a new support level and it could be tested following Thursday's U.S. inflation data. Bitcoin has repeatedly bounced near $59,000 this month, establishing it as a key support level that traders need to watch more closely than the round $60,000 mark. Thursday’s U.S. core PCE inflation report is expected to show the fastest price growth since late 2023. A hotter-than-expected reading may add to dollar's strength, sending risk assets, including BTC lower. The bitcoin…
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