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In today's show, Bitcoin returns to $42,000 as markets wait potential, 7.9% CPI inflation data in today's show, Bitcoin returns to $42,000 as markets wait potential 7.9% CPI inflation data.

In today's show, I'll be breaking down the latest technical analysis.

And as shared here by crypto analysts Mikhail Vandepa, I can't deny that the market is looking a bit better after this move.

However, still very fragile, short time frame and uncertain.

And Pentoshi shares, if 40,700 holds on the one in three day, then we'll look once again for the yearly open for a third time.

Below 40,700 equals no bueno, targets to hold 46,200, and 52 to $53,000.

And as on-chain analyst, Will and Clemente shares here, this was a nice squeeze, but ultimately want to see Bitcoin reclaim $46,000 to $47,000 to feel confident that momentum has been regained. And as shared here by Plan B, in my opinion, Bitcoin's first dip from 60 to $30,000 in 2021 was caused by China's mining ban. The second dip from 60 to 30,000

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