<ul data-eligibleForWebStory="false"><li>Speculation is mounting about a potential surprise rate cut by the Federal Reserve following a significant drop in U.S. inflation.</li><li>Market expectations are currently leaning towards no rate cut this month, but if inflation continues to decline, a rate cut may become more likely.</li><li>Bitcoin is showing bullish signals, with a potential breakout indicated by a bullish pennant on the 4-hour chart.</li><li>If inflation data surprises to the downside and rate-cut speculation increases, Bitcoin could see a sharp rally to new highs, but it may remain range-bound if macro conditions remain stable.</li></ul>

Could a Surprise Fed Cut Send Bitcoin to New Highs?

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