Bitcoin Price Weakens Amid War Escalation, US CPI Jumps 0.4%

<p><img width="612" height="359" src="https://www.actionforex.com/wp-content/uploads/2020/12/f-bitcoin13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2020/12/f-bitcoin13.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/12/f-bitcoin13-600×352.jpg 600w, https://www.actionforex.com/wp-content/uploads/2020/12/f-bitcoin13-300×176.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Key Highlights Bitcoin price started a fresh decline amid the escalation of the Israel-Hamas war. BTC broke a major contracting triangle with support at $27,000 on the 4-hour chart. Gold prices tested the $1,880 resistance and oil prices found support at $83.00. The US CPI rose 0.4% in Sep 2023 (MoM) whereas the market forecast […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/522811-bitcoin-price-weakens-amid-war-escalation-us-cpi-jumps-0-4/">Bitcoin Price Weakens Amid War Escalation, US CPI Jumps 0.4%</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>