Bitcoin Price Crashes Amidst Wider Selloff – This Could Be The Next Stop

Bitcoin price plunged close to 8% over the past day owing to the high Consumer Price Index report.
The prices of most altcoins fell on their respective charts after the CPI showed a 0.1% increase in August, which has now taken the unadjusted value to 8.3%.
The annual increase was expected to be 8.1%. Over the last 24 hours, Bitcoin registered a 4% loss.
Given that the market is undergoing an extended sell-off, a further fall in BTC’s value could be expected. The technical outlook for the c