Bitcoin Eyes $83,400 But Trump’s Iran Warning and CPI Week Spark Trader Caution

May 10, 2026 - 21:15
Bitcoin Eyes $83,400 But Trump’s Iran Warning and CPI Week Spark Trader Caution
Bitcoin (BTC) climbed above $81,000 over the weekend, drawing trader caution as inflation data and political tension collide this week. The next technical target sits at $83,400 based on Fibonacci projections, with a rising RSI suggesting momentum continues to build. Investors now face Tuesday’s Consumer Price Index (CPI) print, Wednesday’s Producer Price Index (PPI), and...

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