The crypto market is currently waiting for CPI data. CPI is the main indicator of inflation and the Fed's interest rate decisions depend on it.$BTC
If the CPI comes in lower than expected, a bullish move in Bitcoin and the crypto market may occur. And if the CPI remains high, short-term pressure is possible.$BTC
Abhi Bitcoin is holding above strong support and there is no panic selling, which signals that the market is ready for a big move.
Conclusion:
After the CPI, the direction of the crypto market will be clear.
