US CPI Data and Market Performance:

July: On July 11th, the CPI data was released. At that time, BTC was in a bullish momentum on the 1D chart, causing it to rise from 58,000 to 70,081, gaining a maximum of 20.89% in July.

August: The next CPI data release is on August 14th. If BTC is in bullish momentum, we can expect it to reach 70,000 again. However, if it is in bearish momentum, we may see it drop below 50,000. The key resistance level on the 1D chart is 62,000. If BTC breaks this resistance before August 14th, a rise to 70,000 is likely. If not, a drop below 50,000 is expected.

I will provide updates if BTC enters bullish momentum on the 1D chart. Currently, the 1D chart shows bearish momentum, so everyone needs to wait for a break above the 62,000 resistance level.

Please don't confuse daily BTC updates with long-term analysis. Daily updates are for short-term income, while changes and confirmations on the 1D chart take more time.