Bitcoin price targets aim for $120,000 as US PPI inflation cools, relieving concerns after previous CPI data. BTC/USD stays above $115,000 CME gap. The Producer Price Index rose 2.3% for the year, lower than expected, potentially impacting Fed rate-cut odds. Market sentiment shows no change in expectations for upcoming Fed meeting. Bitcoin eyes liquidity opportunities above $119,500. Exchange order-book liquidity attracts attention, with support near CME gap at $114,300-$115,600. No investment advice provided.

Read more at Cointelegraph: Bitcoin Eyes $120,000 Liquidity Amid Cool PPI Inflation