Basic Points:
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Bitcoin is close to three weeks high as US CPI data matches expectations.
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Many of the market participants see Bitcoin leading as Aresult, perhaps after a sinking to restraint the late long ones.
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CPI has seen BTC fake prices in recent months.
Bitcoin (Btc) saw volatility on Thursday of Wall Street Open Open as US Macro data expanded the odds of the cut-rate interest.
CPI Bullseye has seen calls for bitcoin “higher”
Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD Spiking for $ 114,731.
The August print of the US Consumer Price Index (CPI) comes as expected, which fits a marked cooling of producer price index (PPI) the day before.
While the CPI has been at the highest since January, the headline figure has been the initial claim of unemployment, seeing their largest number since October 2021 to 263,000 compared to 235,000 expectations.
Weekly unemployed only hit 263,000. That’s the highest weekly number since October 2021. pic.twitter.com/5holbpncem
– Josh Schafer (@_joshschafer) September 11, 2025
In the midst of ongoing concerns about weakness in the labor market, the forecasts of Fed cutting rates at the Sept. 17 is only strengthened after the release of the CPI, along with markets even Seeing an 11% chance of cut more than a minimum of 0.25%.
“Markets are pricing — on 75 basis of points of rate cuts by the end of the year,” Kobeissi’s trade letter resource mentioned In a follow-up thread in X.
“As CPI inflation continues to rise, the labor market is too weak to ignore. Next week it will be a big week.”
Crypto commentators saw the case for higher prices next while Bitcoin passed $ 114,500 in the first time since August 24th.
“PPI less than expected, CPI as expected,” Jelle’s famous businessman Reply In an x post.
“Conclusion: Inflation is not as bad as expectations – take the rate cut later this month. Now news behind us, it’s time to continue the set program: higher.”
BTC price risks that repeat the US inflation data trap
BTC price forecasts have also emphasized the importance of Recent supports are returning.
Related: Bitcoin prices could hit $ 160k in October as the return of MacD Golden Cross
For fellow Bitbull entrepreneurs, flipping $ 113,500 from the fight to support was the main event of a low-time frame, which opened the door to a rematch with all time highs.
$ Btc has already reclaimed a very important level.
The level of $ 113.5k to act as a resistance is that —flip on support.
Now the next key level for Bitcoin is to get the $ 117K level, and a new ATH will be confirmed. pic.twitter.com/3qdrcth4ho
– Bitbull (@akabull_) September 11, 2025
Some views however saw a fresh support retist coming before returning to the discovery of the price.
Trader Skew has argued that the market will try to tramp and liquid the ones that enter the CPI release.
“Another extermination before higher,” part of an x post suggestednoticed 2,000 BTC of liquidity appears in the Exchange Order books.
Crypto investor and businessman Ted Pillows went further, suggesting that the BTC/USD would copy the previous CPI behavior to first rise after fresh lows.
“In the last 3 release of CPI data, Bitcoin rallied before CPI data and discarded immediately after data release,” he noticed next to an explanatory chart.
“At this time, the BTC has rallied before the release of CPI data today, which means that a dump might happen.”
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
