Is Bitcoin getting ready to take off?

The latest U.S. inflation data has sparked optimism in financial markets, especially among cryptocurrency investors. According to the Department of Labor, the Consumer Price Index (CPI) rose by 0.1% in March, down from 0.2% in February. Year-over-year, the Consumer Price Index decreased to 2.4%, down from 2.8% in the previous month, and lower than Wall Street's expectations of 2.6%.