Bitcoin (BTC) Price: BTC Has Gone Nowhere for Five Weeks — Will Inflation Data Finally Move It?

Bitcoin has traded between $62,000 and $66,000 for five weeks. Strategy sold 6,916 BTC worth over $440 million since June, breaking its no-sell stance. ETF inflows offset selling by miners and Strategy. Wednesday's U.S. CPI report is seen as the next major catalyst for Bitcoin price movement. Crypto trading volumes have hit lows.