Bitcoin: Fed Rate Hike Odds Drop to 32.1%

Bitcoin receives a potential macro tailwind as markets price just 32.1% odds of a September Fed hike following CPI in line with expectations and cooler-than-expected PPI, improving conditions for risk assets while BTC trades at $63634.79 on the 4h chart inside Bollinger bands with upper resistance at $64713.11 and lower support at $63042.71, EMA50 at $64145.02 capping upside as resistance and EMA200 at $63718.71 nearby, RSI(14) at 43.8 holding neutral and MACD at -255.05 confirming bearish death cross, setting the stage for any further drop in rate-hike expectations to drive BTC price prediction flows and ease crypto market volatility.