---
title: "CoinShares’ James Butterfill Says Bitcoin Faces Short-Term Bearish and Medium-Term Bullish Factors"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298827925.md"
description: "CoinShares Head of Research James Butterfill said Bitcoin is facing both short-term bearish and medium-term bullish factors. According to Odaily, U.S. August core CPI rose 0.3% month over month, above market expectations, and CME FedWatch data showed bets on a Federal Reserve rate hike at the next meeting briefly reached 85%, which may limit Bitcoin’s near-term upside."
datetime: "2026-09-13T09:53:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298827925.md)
  - [en](https://longbridge.com/en/news/298827925.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298827925.md)
generator: "portal-rs"
---

# CoinShares’ James Butterfill Says Bitcoin Faces Short-Term Bearish and Medium-Term Bullish Factors

CoinShares Head of Research James Butterfill said Bitcoin is facing both short-term bearish and medium-term bullish factors. According to Odaily, U.S. August core CPI rose 0.3% month over month, above market expectations, and CME FedWatch data showed bets on a Federal Reserve rate hike at the next meeting briefly reached 85%, which may limit Bitcoin’s near-term upside.

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## Related News & Research

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**