Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Higher Ahead of US Inflation Report

Bitcoin.com | Oct 12, 2022 at 2:30 PM
  • Bitcoin was trading marginally higher on Wednesday, as markets prepared for the upcoming U.S. inflation report.
  • Today’s move saw the token edge closer to its recent resistance level of $19,300, moving away from a one-week low in the process.
  • Looking at the chart, it can be seen that prices have fallen from earlier highs, and as of writing, sit just above the $19,100 mark.