Bitcoin's $80k rally faces inflation expectations test this week, with price model predicting $95k
CryptoSlate analysis indicates that Bitcoin's rebound above $80,000 could be tested by two key economic reports this week. The University of Michigan's final September consumer survey, due September 25, will update inflation expectations, potentially influencing risk appetite. Additionally, the Bank of Japan's overnight rate target of around 1.25% takes effect on September 24, which could make yen-funded positions more expensive. Meanwhile, CryptoSlate's 90-day forecast projects a median Bitcoin price of $95,157 by December 18, though September prediction markets show mixed signals for the short term.
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