Bitcoin price rally to $115K possible as US economic data exceeds expectations

Bitcoin technical charts and encouraging US macroeconomic data could trigger a rally to $115,000.

Key takeaways:

Bitcoin investor sentiment hits a seven-month high, with a bullish pennant forecasting a rally to $115,000.

Wednesday’s CPI print and the chance for a lower-than-expected PPI on Thursday could drive BTC price higher.

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