1. CPI RELEASE:

Markets are on edge for the U.S. CPI data (Feb 13).
A hotter-than-expected print could invalidate the current recovery and push BTO back toward the $60,000 zone.
2. EQUITY CORRELATION
High correlation remains between BTC and the tech sector (Al stocks), which has seen its own bubble concerns.
BEAR CASE:
BTC failure to hold $69K on the back of high inflation data could lead to a retest of the
$60K lows
I suspect a further slide toward the $49,632
"line in the sand" last seen in August 2024.
BULL CASE:
If $BTC can close and hold above $72K, a relief rally toward $78K is likely as shorts are squeezed and the "oversold" technicals play out.
gm ct