Bitcoin price prediction: Watch out for CPI event this week

Bitcoin price hovers above $28k with a ranged trading over the past month.
Analyst Michael van de Poppe says the US consumer price index report out this week could be a big market mover.
Bitcoin’s volume weighted average price (VWAP) is a metric to also watch.Bitcoin price continued its ranged trading this past weekend, with bulls retesting the $28,500 area. As the week starts, the top cryptocurrency could see an injection of volatility.
Indeed, crypto analyst Rekt Capital says bitcoin re