Last night, Bitcoin’s recent surge left a gap on the CME chart — a gap it tried to close but couldn’t fully fill. This technical setup now lingers like unfinished business for traders.
In about two and a half hours, we’ll get the latest U.S. inflation numbers"The CPI DATA" a key data point that could shape the Federal Reserve’s next interest rate decision.
Right now, markets are holding their breath. Volatility is muted, liquidity is steady, and traders are waiting for the green light (or red flag) from the news.
But make no mistake: once the numbers drop, we could see sharp moves in both directions as Bitcoin and other risk assets react.
Whether the CME gap gets closed or $BTC pushes to new highs may depend entirely on how inflation trends and how the Fed chooses to respond.
📊 Key takeaway: Today’s inflation report could set the tone for the rest of the month. Be ready for turbulence.
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