Bitcoin is currently consolidating within a liquidity zone as the market prepares for the upcoming Consumer Price Index (CPI) data release. Analysts note that this phase is critical, as it is characterized by a “stress test” for market participants. The consolidation suggests that traders are positioning themselves ahead of potential market movements triggered by the CPI data. This period of uncertainty may lead to increased volatility as investors react to the information once it is made public. Observers are closely monitoring how Bitcoin will respond to the data, as it could influence broader market trends.
