Bitcoin could see increased volatility around the next U.S. CPI (inflation) release, as macro data continues to play a big role in shaping risk sentiment. If inflation comes in hotter than expected, markets may lean risk-off. A softer CPI print, on the other hand, could relieve pressure and open the door for upside.
While short-term price swings are likely at the time of the release, the bigger move will depend on whether momentum, liquidity, and demand actually follow through.
As always, CPI is just the catalyst — price action around key support and resistance levels will matter most.
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