Bitcoin Price Steady Despite Israel War; Inflation Data, Fed Minutes in Focus

War in Israel has yet to trigger significant Bitcoin price volatility, but macro factors like rising oil/gold prices and dollar strength are in focus.

September CPI data and minutes from latest Fed meeting will drive “huge week for inflation.” Markets expect rates to remain unchanged.

Bitcoin NVT signal spikes to highest levels since 2018, suggesting BTC value is moving independently from transaction utility.

Crypto Fear & Greed Index stuck at “neutral” 50, showing average investor ambivalence about the market.

Some anticipate Bitcoin retesting $20,000 support in 2023/2024 before next bull market after the halving event.