<ul><li>Swissblock's analysis indicates that Bitcoin (BTC) is currently within a narrow price band, with potential price swings expected, especially with upcoming inflation data.</li><li>Bulls are in the early stages of regaining control after recent downside pressure, advising caution and gradual entry to protect against risks.</li><li>Bitcoin's short-term outlook suggests a possible test of the lower range around $104K, with the $104K-$106K range crucial for short-term sentiment.</li><li>Market participants are urged to remain alert as Bitcoin's next major move may be influenced by upcoming inflation data and macro developments.</li></ul>

Bitcoin Set for Big Move as Bulls Regroup Ahead of Inflation Data

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