@eloxise
The latest U.S. CPI data, exceeding expectations on March 6, 2025, signals persistent inflation, pressuring risk assets like Bitcoin (BTC). Currently at $85K, BTC may face a volatile week ahead. Higher CPI could strengthen the USD, potentially pushing BTC toward $80K support if selling intensifies. MACD shows bearish momentum—its 50-day line is declining, crossing below the signal line, suggesting a downtrend. RSI, at 40, nears oversold territory (below 30), hinting at a possible rebound if it drops further. However, inflationary fears might delay recovery, keeping BTC range-bound between $80K-$87K short-term.
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