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$BTC Looking at the past six CPI data releases, one thing stands out clearly.
The initial move going into the event has always been reversed shortly afterward.
When BTC sold off ahead of CPI, a relief bounce tended to follow. But when price rallied into the release, downside pressure often came shortly after.
This time, BTC has pushed roughly 9% higher heading into the event. We saw a similar setup during the previous CPI release, which was followed by a sharp correction.
If this pattern plays out once again, the current rally could run into exhaustion soon before the broader downtrend eventually resumes.