Bitcoin 4-hour chart: Volume is decreasing, and there's a divergence between price and volume! Check out the divergence between price and volume below. Even without the CPI as a catalyst, the price is highly likely to pull back first. However, there's significant buying support around 62000, so the downside is limited. In my opinion, the short-term pullback is a good opportunity to go long, with a target price around 67500. Take it easy this weekend, observe, and wait patiently.
