Wall Street’s CPI Forecast: Expert Examines if Bitcoin Price Can Sustain Triangle Breakout?

The U.S. Bureau of Labor Statistics (BLS) is slated to release the Consumer Price Index (CPI) data for August, one of the most widely followed inflation gauges for the U.S. Federal Reserve. While traders actively await the release of the CPI print, the broader crypto market has already recovered with Bitcoin price holding above the $114K level.