Bitcoin's daily price chart is showing a bullish reversal pattern, suggesting a potential turnaround in the market. The recent decline in BTC's price from $100,000 to under $80,000 is attributed to various factors including risk aversion, concerns about tariffs, and U.S. recession fears. However, the relative strength index (RSI) has not confirmed this decline, indicating weakening selling momentum. The U.S. inflation data, set to be released today, is expected to show progress, further supporting the potential for a positive response to a soft reading.



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