$BTC is trading within a narrow range, with the CPI data release on August 14 at 8:30 a.m. (ET) being the next major catalyst. Investors should prepare for increased volatility, with key support at $53,323 - $57,176 and resistance at $61,700. The CPI report will likely set the tone for BTC’s next move, making it crucial to monitor closely. For now, BTC’s trend is neutral-to-slightly bullish, but this could quickly change based on the economic data.

#CryptoMarketMoves #MarketDownturn #WBTCUnderScrutiny #CPI