Bitcoin's price movement has captured market attention as veteran trader Peter Brandt outlines two potential price trajectories, with the most optimistic scenario pointing to $327,000.
Bitcoin currently trades at $87,540, showing a 2% decline in recent hours after approaching the $90,000 mark.
Trading volume has dropped 14% to $119 billion in the past 24 hours as traders await crucial U.S. Consumer Price Index (CPI) data.
Long-term Bitcoin holders maintain their positions, indicating confidence in Bitcoin's longer-term prospects.