Benjamin Cowen says Bitcoin's rebound above $64,000 after a softer U.S. inflation report still fits the 2018 bear market pattern rather than signaling a new bull market.

Bitcoin price climbed above $64,000 after cooler-than-expected June inflation boosted expectations for Federal Reserve rate cuts, though sticky core inflation and rising oil…

June CPI fell 0.4% and core held at 2.6% annually, lifting BTC toward $64,000 as analysts flip from fears to a summer recovery case.