[21Shares Analyst: March CPI Data Increase Already 'Priced In' to Bitcoin Price] According to Cointelegraph, 21Shares analysts stated that the rise in March CPI data has already been 'priced in' by the market, and Bitcoin's price may have already factored in inflation expectations. The U.S. Bureau of Labor Statistics' February CPI report showed that overall CPI rose month-on-month in February, with energy up 0.6%, food up 0.4%, and core CPI up 0.2%. Analysts pointed out that the current focus is on how the Federal Reserve will respond to higher CPI data in the future—whether it will choose to 'ignore' this temporary shock or take a hawkish stance as a precautionary measure, learning from the lessons of the previous inflation cycle. Analysts noted that Bitcoin's price may currently be consolidating in the $68,000 to $74,000 range. If it breaks through the $75,000 resistance level, it could enter a mid-term consolidation range of $75,000 to $80,000. Historical data shows that Bitcoin typically rebounds by more than 15% following geopolitical market shocks. If the FOMC resumes rate cuts in 2026, the recovery could accelerate. The CME FedWatch tool indicates that only 0.6% of traders expect a rate cut at the March 18 meeting.