#Bitcoin Key levels to watch include $45,500, pivotal for breaking into the 47-48k target, and $42,100, signaling a shift to the EMA21 region if breached. Maintaining EMA21 support is crucial for the $47,000 - $48,000 goal, as a breakdown may signal a reversal. Despite a heated funding rate, a retest of EMA21 is plausible without jeopardizing mid-term prospects, and even a 10% pullback to $38,400 won't alter the outlook if EMA21 holds. Brace for a volatile week driven by CPI data and the FOMC meeting, where a 97% consensus leans towards no rate hike increase, with a 3% chance of a hike. Stay informed and navigate the evolving landscape of Bitcoin.
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