CPI print, or Consumer Price Index, will be announced later! If it shows that inflation has finally peaked and has started to decrease/slow down, then I believe it's probably YOUR opportunity to buy EVERY DIP, and HODL. There might be actual fudsters in the forum who truly want that Bitcoin will crash more below $20,000 again, but perhaps they just missed their golden opportunity. There might be some DIPs to $21,000 though.
The CPI is only a few hours away, and many expect 8.7% this time, lower than last month. In theory, if the CPI falls as expected, everything should turn out fine. Every stock market, and cryptocurrencies are standing still waiting for CPI to be announced, I hope there will be no surprises. CPI falls but the market won't rise, anything can happen. The market is unpredictable, let's wait and see the results.
CPI printed 8.5%, less than what economists, investors, and traders expected. BUT I believe it's not yet over. Food and Energy prices may have fallen, but Rent inflation is still high. September's CPI print will be revealing if inflation is truly subsiding. Wait for September's rent inflation.
Plus watch the Reverse Repo Facility, https://fred.stlouisfed.org/series/RRPONTSYD
If the money in there starts decreasing, that's more liquidity for the markets, and possibly Bitcoin.