$BTC

Bitcoin is currently facing resistance above $98,000, experiencing downward pressure due to macroeconomic concerns ¹. The latest Consumer Price Index (CPI) data has reignited inflation fears, causing Bitcoin's price to drop toward $95,000, with a potential further decline to $90,000.

In other news, El Salvador has been accelerating its Bitcoin purchases, adding two more Bitcoins to its growing digital asset portfolio ¹. This move is part of the country's bold Bitcoin strategy, despite its ongoing negotiations with the International Monetary Fund (IMF).

If you're interested in learning more about Bitcoin, I can recommend some resources. Additionally, you can explore the Bitcoin Rainbow Chart, which provides valuable insights into potential price trends ¹.