On July 14, BIT Official released a daily chart analysis stating that current market pricing indicates the Federal Reserve is expected to raise interest rates 2.6 times in the coming quarters, a stark reversal from the rate cut expectations that drove Bitcoin's fifth bull market in early 2023. Since September 2025, market expectations have consistently shifted toward tightening monetary policy, exerting significant downward pressure on Bitcoin and other crypto assets. Federal Reserve Governor Christopher Waller also commented that the Fed is at a policy crossroads, with remarks leaning hawkish. Therefore, the CPI inflation data released tonight is crucial for Bitcoin's trajectory. If the inflation reading exceeds 4.0%, it is likely to reinforce expectations of continued rate hikes, further intensifying downward pressure.
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BIT Official: Tonight's CPI Data May Determine Next Major Bitcoin Trend
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