📊 **Impact of US CPI Data on Bitcoin: Analysts' Predictions Revealed!** 📉

🔍 Investors eagerly await the release of April's Consumer Price Index (CPI) data, a key indicator of inflation, with expectations of improvement compared to March.

💡 **Price Predictions:**

- **Bearish Scenario:** If CPI data shocks the market, Bitcoin could plummet by as much as 13% to $53,000, warns digital asset trading company Zerocap.

- **Bullish Scenario:** Conversely, hopeful signs of cooling inflation could propel Bitcoin back to $65,000.

📈 **Market Dynamics:**

- Analysts anticipate a media frenzy and short-term declines in risk assets in the event of unexpectedly high CPI, amidst concerns about stagflation.

- However, a decline in inflation could prompt the Federal Reserve to consider interest rate cuts, potentially benefiting riskier assets like Bitcoin.

📆 **Market Expectations:**

- Markets anticipate a rate cut in September following lower-than-expected employment and wages in the US.

- Despite short-term uncertainties, the long-term outlook for the US economy remains positive, according to experts at FRNT Financial and former forex trader Chris Mill.

💬 **Expert Insight:**

- David Brickell and Chris Mill assert that given the evolving macro dynamic, new highs for Bitcoin are inevitable, emphasizing the question of "when" rather than "if."

🌟 **Stay Informed:**

- Keep an eye on CPI data for insights into inflation trends and potential market impacts on Bitcoin.

- Despite fluctuations, Bitcoin's long-term trajectory remains promising, buoyed by positive macroeconomic factors.

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