$BTC

**Bitcoin Market Update: Anticipating CPI Impact on Price Movement**

Yesterday, Bitcoin and the broader cryptocurrency market experienced significant volatility, with Bitcoin's price swinging approximately 5% within a few hours. Despite these fluctuations, Bitcoin was unable to establish a sustained upward trend.

Looking ahead, the U.S. Consumer Price Index (CPI) report is scheduled for release tomorrow. Given the potential impact of CPI figures on interest rate decisions, we do not anticipate substantial upward momentum in Bitcoin's price before the announcement. Based on recent market behavior, it seems likely that Bitcoin and the overall crypto market may see a slight decline.

**Trade Strategy Update – Dynamic Reversal Band**

As previously mentioned, I am in the process of developing a new trading strategy known as the Dynamic Reversal Band. This strategy integrates elements from Bollinger Bands, Stochastic RSI, EMA, and ADX. The strategy signaled an entry on Friday, prompting me to open a short position with a profit target of 6.5% and a stop loss at 2.5%. This trade remains active.

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