The Bitcoin price's needle is a bit scary. From a technical perspective, yesterday's needle was a bad sign. From a macro perspective, it's a washout, a positive sign. After all, interest rates are set to cut next month. Keep an eye on the CPI data tonight, which should see a spike. If bulls fill and surpass this needle, the rally will continue. If it fails to break through this needle in the next few days, then it's time to wait and see. Let's take it one step at a time!
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