Bitcoin starts the week by breaking into new multi-month highs just in time for the US Consumer Price Index (CPI) reports. Traders brace for anticipated volatility amid significant price movements. Recent trading patterns exhibit strong bullish signals, with a noted crossing on the weekly MACD indicator. Such technical indicators suggest a positive trend direction for Bitcoin, igniting bullish sentiment among investors. Market participants recognize that upcoming CPI data can further influence trading strategies. This week may prove pivotal as Bitcoin bulls seize the opportunity to push prices higher. Observers are closely watching these developments. Market psychology will play a crucial role, especially in response to economic reports. Bitcoin’s recent performance highlights its resilience and capacity to attract traders. Will Bitcoin sustain its momentum amid potential economic shifts? Only time will tell as investment sentiments evolve.