21Shares Analyst: March CPI Data Rise Has Been Market-Absorbed, BTC May Maintain Range-Bound Fluctuations in the Short Term

CycleProphet · 2026-03-12T01:45:44+00:00

According to 21Shares' analysis, the February CPI data met expectations, and the anticipated rise in March CPI has been priced in, potentially increasing pressure on the FOMC. Analysts expect BTC to fluctuate in the short term between $68,000 and $74,000, with a breakout above $75,000 possibly pushing it into the $75,000 to $80,000 range. History shows that BTC typically rebounds more than 15% after geopolitical shocks.

CycleProphet

2026-03-12 01:45:44

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Deep Tide TechFlow News, March 12 — According to Cointelegraph, market analyst at 21Shares stated that February’s Consumer Price Index (CPI) data met market expectations, and the anticipated rise in March CPI has been priced in by macroeconomic data.

21Shares macro chief Stephen Coltman pointed out that the persistently rising CPI data will put greater pressure on the Federal Open Market Committee (FOMC), with a focus on whether the Federal Reserve will adopt a hawkish stance on inflation shocks.

21Shares crypto research strategist Matt Mena said that in the short term, BTC may fluctuate between $68,000 and $74,000, but the likelihood of breaking through the $75,000 resistance level is increasing. Once broken, BTC could enter a consolidation range between $75,000 and $80,000. Historical data shows that BTC typically rebounds 15% or more after geopolitical shocks. If the FOMC resumes rate cuts in 2026, this recovery process could accelerate.

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