US-Iran Tensions Rise. Bitcoin Gains Instead of Falling, This Week’s CPI Sets Tone for Pullback Risk
🟡 NeutralTradingKey2026-05-11
Despite rising tensions between the US and Iran, Bitcoin continued its rally. This week's CPI data presents a critical inflection point, with potential for Bitcoin to retest $75,000 if inflation exceeds expectations. Conversely, cooling inflation could drive Bitcoin past $90,000 or even towards $100,000.