WATCH: Bitcoin Brutalized After August CPI Data Release | BTCUSD September 13, 2022

In this episode of NewsBTC’s daily technical analysis videos, we take a look at Bitcoin price action following today’s selloff in reaction to August CPI numbers.
Take a look at the video below:
VIDEO: Bitcoin Price Analysis (BTCUSD): September 13, 2022
Today just so happened to be August CPI numbers release day, so volatility was expected all around. The Consumer Price Index went up by 0.1% month over month from July, leading to an immediate selloff in anything that wasn’t