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Bitcoin Bounces Back Above $43,000 After Strong US Retail Sales Data Prompts Brief Price Dip ? Here?s Why BTC Could Soon Hit Fresh Yearly Highs

Posted on 12/15/2023

Bitcoin Bounces Back Above $43,000 After Strong US Retail Sales Data Prompts Brief Price Dip ? Here?s Why BTC Could Soon Hit Fresh Yearly Highs

Stronger-than-expected US November Retail Sales data released earlier on Thursday triggered a sudden near-$1,500 drop in Bitcoin from just under $43,000 to around $41,500, but the BTC price has since recovered aggressively as markets continue betting on a dovish pivot in Fed policy.

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