Bitcoin has recently exhibited a bullish Relative Strength Index (RSI) divergence, signaling potential upward momentum just ahead of the upcoming U.S. Consumer Price Index (CPI) release. This trend in Bitcoin’s chart indicates that, while prices may not be achieving new highs, the RSI has shown improvement, suggesting a change in market sentiment that could lead to price appreciation. The alignment of this technical indicator with an important economic event like the CPI report may influence traders' reactions and market movements. Analysts are closely monitoring these developments to gauge how Bitcoin will respond in the aftermath of the CPI data release, with many speculating that positive outcomes could enhance bullish market trajectories in the cryptocurrency space.

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