US Inflation Matches Expectations, Bitcoin Fed Bets Stay Alive

US inflation coming in line with expectations keeps bets alive that the Fed may cut interest rates. This could boost risk appetite and provide short-term support for Bitcoin. Technically, the price is above the 20- and 50-day moving averages, and the MACD is in positive territory, supporting an upward trend. The RSI being in neutral territory does not signal overbought conditions, but volume support is important for the rally to gain strength. In the short term, an upward move is possible, but caution is advised.

The inflation data coming in line with expectations may have a limited impact on the market, but Bitcoin and Fed bets could support risk appetite. Technical indicators are mixed: RSI at 47 is in neutral territory, while MACD is negative and below the signal line, indicating weak momentum in the short term. The price is slightly below the SMA20 and SMA50, suggesting that resistance levels are nearby. Although the news flow is positive, the technical picture does not provide a clear direction; therefore, a sideways movement can be expected over a 1-3 day perspective. Investors may await more catalysts to price in the impact of macroeconomic data.

The news headline could create a mildly positive backdrop for MSTR, as inflation came in line with expectations and Bitcoin remains buoyant on Fed speculation. However, technical indicators are sending mixed signals: RSI is neutral at 45, MACD is negative and below the signal line, and the price is below both the SMA20 and SMA50. This suggests a higher likelihood of sideways movement rather than a strong directional trend in the short term. A potential rally in Bitcoin could support MSTR, but caution is warranted given the current technical weakness.