BTC Looking at the last 10 CPI releases, a clear pattern emerges. In 9 out of 10 cases, price pumped into the event, followed by a full retracement of that move over the following days/week. Only once did we see continued upside after the data was released. This time, we’re seeing the same behavior again, with price up roughly 7% over the past few days, pushing into CPI. With Bitcoin currently trading in a major resistance zone, most of the liquidity sitting below, and this move being largely news-driven, I see little reason why this time should be any different.(Max Trades)