Bitcoin Rally Cools in Inflation Selloff, Golden Cross Looms

The notable tension here is that macro-driven selling is doing the cooling while a longer-horizon technical signal is turning constructive at the same time, so the two are pulling in opposite directions rather than confirming each other. That divergence matters less for direction than for what it says about the rally's driver: if inflation data can knock the move back, the bid was likely macro-sensitive rather than structural. Whether the golden cross survives the next inflation print, rather than forming at all, is the open question.