Bitcoin climbed back above $26,000 on June 13, with analysts keeping an eye on resistance levels. Despite ongoing legal action in the US and macroeconomic data releases, Bitcoin remained in a narrow range. Some traders noted that funding rates were climbing, indicating a potential trend reversal. The Consumer Price Index (CPI) is due on June 13, just a day before the Federal Reserve announces interest rate changes, which is expected to enact a pause in interest rate hikes.
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