The week leading up to the announcement of seven major central banks, including the Federal Reserve, could prove pivotal for markets, including bitcoin, due to concerns over rising oil price increases. The Reserve Bank of Australia (RBA), Bank of Canada (BOC), and the Fed are expected to make decisions on interest rates on March 17, followed by the Bank of Japan (BOJ), Swiss National Bank (SNB), and European Central Bank (ECB) on March 19. The rising oil prices have led to reassessment of interest rate expectations, leading some to fear central banks would respond to the inflationary macroeconomic situation with higher borrowing costs. However, this could trigger downside volatility across risk assets, potentially leading to a surge in risk assets like Bitcoin.