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#USBitcoinReserves #CPIdata upcoming CPI report willbe on 12 February ... Beware of you capitals w8 for another dip The U.S. Bureau of Labor Statistics (BLS) releases the Consumer Price Index (CPI) data monthly. The next CPI report, covering January 2025, is scheduled for release on February 12, 2025, at 8:30 AM Eastern Time. The most recent CPI data, released on January 15, 2025, indicated that in December 2024, the CPI for All Urban Consumers increased by 0.4% on a seasonally adjusted basis, and by 2.9% over the last 12 months on a non-seasonally adjusted basis. The index for all items less food and energy rose by 0.2% in December and was up by 3.2% over the year.

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Bitcoin: Where will volatility take prices? Bitcoin could see an extended fluctuations between $27k and $28.5k/$29k during this week’s CPI data-induced volatility. Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. On 6 October, Bitcoin [BTC] price spiked and retested $28k following the resilient US Labor market in September. According to the US Bureau of Labor Statistics ( BLS ), September payroll employment increased by 336k, and unemployment remained at 3.8%. Read Bitcoin’s [BTC] Price Prediction 2023-24 The positive labor data could prompt a hawkish stance from FOMC in the next meeting in November. However, the September CPI (Consumer Price Index) data, scheduled for 12 October, could clarify the Fed’s rate decision in November.  In the previous BTC price action analysis , AMBCrypto correctly predicted a sp..

Bitcoin: Where will volatility take prices? Bitcoin could see an extended fluctuations between $27k and $28.5k/$29k during this week’s CPI data-induced volatility. Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. On 6 October, Bitcoin [BTC] price spiked and retested $28k following the resilient US Labor market in September. According to the US Bureau of Labor Statistics ( BLS ), September payroll employment increased by 336k, and unemployment remained at 3.8%. Read Bitcoin’s [BTC] Price Prediction 2023-24 The positive labor data could prompt a hawkish stance from FOMC in the next meeting in November. However, the September CPI (Consumer Price Index) data, scheduled for 12 October, could clarify the Fed’s rate decision in November.  In the previous BTC price action analysis , AMBCrypto correctly predicted a sp..