August CPI could be one of the most important macro releases of the month. Headline inflation is expected to pick up from July’s 0.1% monthly increase, while core CPI is expected around 0.2%. But the real question is what the number does to Fed expectations. The August jobs report already came in much stronger than expected, pushing rate-hike expectations higher. Now CPI has the chance to either reinforce that hawkish view or take some pressure off. For $BTC , I’m watching the reaction in yields, the dollar and risk appetite just as much as the CPI headline itself. #Macro Insights# #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#