A new tailwind is sweeping the crypto market, invigorating Bitcoin's price while bestowing favor upon meme coins like Shiba Inu and Pepe Coin. Investors are radiating with optimism, anticipating higher weekly closes after enduring weeks of mounting uncertainties. This BTC price prediction endeavors to evaluate the technical and fundamental structure of Bitcoin ahead of the imminent release of the Consumer Price Index (CPI) report in the US.

一股新的顺风正在席卷加密货币市场，提振了比特币的价格，同时也让 Shiba Inu 和 Pepe Coin 等模因币受到青睐。在经历了数周不断加剧的不确定性之后，投资者焕发着乐观的情绪，预计每周收盘价将会上涨。本次比特币价格预测致力于在美国消费者价格指数（CPI）报告即将发布之前评估比特币的技术和基本结构。

BTC Price Prediction Ahead Of CPI Data Release

CPI数据发布前的BTC价格预测

CPI serves as one of the most esteemed measures of inflation in the United States. It quantifies the overall change in the prices of goods and services purchased by individuals within the economy over time.

CPI 是美国最受推崇的通胀指标之一。它量化了经济中个人购买的商品和服务价格随时间的总体变化。

The US Bureau of Labor Statistics (BLS) is entrusted with the task of calculating and disseminating the CPI metrics as a weighted average. Market observers and economists eagerly await the BLS's release of the data on May 15. Should inflation persist in April, the level of risk associated with volatile assets such as Bitcoin, crypto, and stocks will escalate.

美国劳工统计局 (BLS) 的任务是计算和发布 CPI 指标的加权平均值。市场观察家和经济学家热切等待劳工统计局 5 月 15 日发布的数据。如果 4 月份通胀持续，与比特币、加密货币和股票等波动性资产相关的风险水平将会升级。

Price movements in recent weeks have hinted at a further correction towards $50,000, although support at $56,500 contributed to bolstering the bull run narrative last week. This week also elevates the stakes for bulls, as Federal Reserve Chair Jerome Powell is scheduled to deliver a public commentary on May 14. Concurrently, markets anticipate the release of the Producer Price Index (PPI).

尽管 56,500 美元的支撑位有助于支撑上周的牛市叙事，但最近几周的价格走势暗示将进一步回调至 50,000 美元。由于美联储主席杰罗姆·鲍威尔计划于 5 月 14 日发表公开评论，本周多头的赌注也将增加。同时，市场预计将发布生产者价格指数 (PPI)。

Markets have exhibited a high degree of responsiveness and sensitivity to Powell's commentary, particularly when it pertains to the Fed's intended policy decisions. Overall, investors do not anticipate a rate cut at the next Fed meeting in June. Attention has now shifted to September for the first potential rate cut in 2024.

市场对鲍威尔的评论表现出高度的反应和敏感性，特别是当它涉及美联储预期的政策决定时。总体而言，投资者预计六月份的下一次美联储会议不会降息。现在人们的注意力已转移到 9 月份，2024 年首次可能降息。

Will Bitcoin Price Surge Or Fall With CPI Data Release?

比特币价格会随着CPI数据的发布而上涨还是下跌？

Bitcoin is currently trading its third consecutive daily green candle after the last red candle on May 10. The 2.1% increase to $62,634 contributes to solidifying the uptrend. Nevertheless, BTC price prediction suggests that the largest crypto will remain in a state of uncertainty until support at the 20-day Exponential Moving Average (EMA) and the 50-day EMA is re-established.

继 5 月 10 日最后一根红色蜡烛之后，比特币目前连续第三个每日绿色蜡烛交易。上涨 2.1% 至 62,634 美元，有助于巩固上升趋势。然而，BTC 价格预测表明，在 20 日指数移动平均线 (EMA) 和 50 日 EMA 的支撑重新建立之前，最大的加密货币将保持不确定状态。

BTC price prediction chart | Tradingview

BTC价格预测图表|交易视图

The moderately bullish outlook provided by the Moving Average Convergence Divergence (MACD) indicator further enhances the likelihood of a breakout to $70,000 in May. However, its current position at -864, coupled with the presence of short green histograms, introduces the potential risk of downward pressure from the sell side.

移动平均线收敛分歧 (MACD) 指标提供的适度看涨前景进一步增强了 5 月份突破 70,000 美元的可能性。然而，其当前位置为-864，加上空头绿色柱状图的存在，引入了来自卖方下行压力的潜在风险。