Bitcoin futures markets may still be overheated, and a hotter-than-expected CPI could trigger further drawdowns, Steno said. Related posts: $100K Bitcoin price depends on ‘increasing demand’ and ‘favorable seasonality’ — CryptoQuant Bitcoin’s outlook remains bullish despite macro setback: Grayscale Bitcoin’s ‘local market structure’ could push BTC price to new all-time high — Analysts Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts