Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst

Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst

Bitcoin (BTC) maintained $17,000 support into Dec. 10 ahead of a critical week of macro data.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

CPI print will make Fed “slow down”

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it traded sideways after the close of trading on Wall Street.

The pair looked set for a quiet weekend, with all eyes focused on United States inflation readings and policy updates due from Dec. 13 onward.

With the Producer Price Index…


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