Bitcoin Chart

Today date is August 11th, 2022 and Bitcoin’s current price is $24,401 at approximately 1130am. After the release of the CPI and PPI news all coming back positive with lower rate and less unemployment than expected. Immediately the cryptocurrency markets and the stock markets shot upwards pushing near that $25,000 Bitcoin price line of support. Once we get above that price holding this range becomes more possible. Also seeing the news of Blackrock creating their own Bitcoin fund shows that big Wall Street institutional money is coming into the market with access becoming much easier for veteran investors including the Aladdin trading platform.