Hahaha, Bitcoin dropped early! It couldn’t hold on until Wednesday’s CPI data release and started dipping ahead of time . I’ve mapped out two possible price movements for $BTC on the day CPI drops, and both point to a bottoming-out scenario. Looks like the bears decided to strike early! Now the key question is: where’s the target price for $BTC’s drop? If Wednesday’s CPI is bearish, it’s highly likely to hit the 0.236 Fibonacci retracement level at 61,500. If CPI is neutral or slightly positive, it might stabilize and rebound around 62,000-62,500.