- Bitcoin rose for a seventh consecutive session on Tuesday, as the token moved to a three-week high.
- The price surge came ahead of this afternoon’s U.S. inflation report.
- Although the index has marginally moved past this point, and is tracking at 62.57, price uncertainty at this level could see bears reenter the market, sending bitcoin lower in the process.
Bitcoin, Ethereum Technical Analysis: BTC Hits Fresh 3-Week High, Ahead of US Inflation Report
