(BTCThe 22% increase in price over the last week is reason for celebration by bulls. The price has risen to $46,000, and the $43,000 level has held firm despite volatility due to inflation data from the United States on February 10.

Mixed feelings have emerged on the macroeconomic front. The Eurozone’s retail sales disappointed when they showed 2.5% year-on–year growth, which was lower than the 5.1% expected. While the nonfarm payroll in the United States abruptly saw a 467,000-job increase.