Bitcoin Awaits Inflation Report for Potential 50% Rally

币界网报道:Bitcoin investors are closely watching the upcoming U.S. inflation report, as analysts suggest a favorable reading could trigger a 50% price surge. Market sentiment remains cautious ahead of the CPI data release, with BTC currently consolidating near key support levels. Several crypto traders predict a breakout above $30,000 if inflation figures come in lower than expected, potentially fueling a rally towards $45,000. However, experts warn that higher-than-anticipated inflation may lead to renewed selling pressure. The cryptocurrency's price action continues to mirror traditional market reactions to macroeconomic indicators, maintaining its correlation with risk assets.

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