#WCTCTradingKingPK


#$BTC Main News
1. Bitcoin Rises After US Inflation Data
Bitcoin rises after US core CPI inflation data increased by 0.2% in March, a figure lower than expected. Although core inflation increased by 0.9% last month, driven by a sharp rise in energy costs due to the conflict in Iran, the market reacted positively to the lower-than-expected number [^2^].
2. Institutional Positions Less Convincing
Financial institutions are still betting on Bitcoin reaching $80,000 through call options, but they are also buying protection against potential price declines. The $75,000 level is said to need to be broken for the market to truly enter a bullish phase [^3^].
BTC-0.3%
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