BTC CPI New CPI data is dropping this Friday! Latest interest rate: 4.0 Latest unemployment rate: 4.10 Latest CPI: 3.4 A lot of people might not realize this, but when the last Bitcoin bull market started: Interest rate back then: 4.0 Unemployment rate back then: 3.6 CPI back then: 7.1 The 2023 Bitcoin bull market has been rising despite rate hikes. During the peak of the bull market, interest rates hit as high as 5.5, and even when the bull market ended, rates were still at 4.5. The CPI data from the last cycle wasn’t much lower than it is now either. See the pattern? Don’t rely too much on subjective judgment when analyzing the market—use data to back it up. Pay attention to the actual strength shown on the candlestick charts. If anyone still claims that rate hikes mean no bull market, you can directly ask them: Wasn’t the last bull market for U.S. stocks and Bitcoin during a rate hike cycle?