Important Update: US CPI Data Release at 13:30 UTC
Bitcoin Reaction Scenarios:
🟢 CPI Below 2.9%: Bullish momentum likely, with potential upward price movement.
🟡 CPI at 2.9%: Neutral reaction, market stability expected.
🔴 CPI Above 2.9%: Bearish sentiment could dominate, leading to possible price declines.
This is the final major market event before Trump’s inauguration in just 5 days. Stay prepared for significant market volatility!
👉 Keep an eye on the charts and trade wisely.