The next major Bitcoin move may have nothing to do with crypto.
Over the next seven days, two economic reports could decide where the market goes next.
The first arrives on June 10 (today) with the latest U.S. inflation data.
The second follows on June 17 when the Federal Reserve updates its rate projections.
That might sound boring.
For Bitcoin, it isn't.
Right now, the market is caught between two possibilities.
Either inflation stays hot and forces the Fed to remain aggressive.
Or inflation cools and opens the door to a more supportive environment for risk assets.
The difference between those outcomes could be enormous.
Some analysts believe the market still hasn't fully priced what another hot inflation report would mean for future rate cuts.
Others think a softer reading could give Bitcoin exactly the catalyst it has been waiting for.
That's why traders aren't just watching Bitcoin this week.
They're watching inflation.
They're watching the Fed.
And they're watching for signs that the market may have gotten the future wrong.
Because if it did, Bitcoin's next move may be much bigger than most investors expect!
