CPI Day Is Here and the Market Is Betting on a Fed HIKE — The First Since July 2023: Bitcoin Sits at $76.9K With 71.5% Odds, a $108 Oil Print, and the 60-Vote Cliff 4 Days Out
Bitcoin is pinned at $76,936 with four clocks already flashing red: CPI in hours, a 71.5% Fed hike probability, $108.83 Brent crude, and a 60-vote crypto cliff on Monday. The market has forced out roughly $390 million in longs, but the biggest catalysts have not fired yet. This is the open window before the tape chooses speed. At 8:00 a.m. in Taipei on Sept 11, BTC was down about 1.38% on the day after printing an intraday low of $76,663. It has fallen from above $80,000 and is now compressed inside the broader $76,000–$82,000 range. The range is not empty space; it is the launch zone between today’s inflation print and Washington’s Monday vote. ...