Key points:
Bitcoin approaches the maximum three weeks as the US CPI data coincides with expectations.
Many market participants see that Bitcoin goes higher like Aresult, perhaps after a dip to catch late longs.
CPI has seen BTC price fakes in recent months.
Bitcoin (BTC) saw the revealing volatility in the Wall Street Open on Thursday while US macro data entered the probabilities of the interest rate.
CPI Bullseye VE calls for bitcoin that are “higher”
Co -Intelegraph Markets Pro and TrainingView data showed an increase in BTC/USD to $ 114,731.
August’s printing of the US Consumer Price Index.
While the CPI was at its maximum being higher since January, the headline was instead was initials of unemployment, which saw their largest numbers since October 2021 in 263,000 versus 235,000 expected.
Weekly unemployment statements have just reached 263,000. That is the highest weekly number since October 2021. pic.twitter.com/5holbpncem
– Josh Schafer (@_joshschafer) September 11, 2025
In the midst of continuous concerns about the weakness of the labor market, the bets of the Fed cut rates at its September 17 meeting only strengthened after the release of the CPI, and the markets even see 11% chance that the cut is more than 0.25%.
“The markets now have a price at 75 basic points of rates cuts at the end of the year,” commercial resources Kobeissi’s letter pointed out in a tracking thread in X.
“While IPC inflation continues to increase, the labor market is simply too weak to ignore. Next week it will be a great week.”
Crypto’s commentators saw the case of the highest prices below, since Bitcoin spent $ 114,500 for the first time since August 24.
“PPI much lower than expected, IPC as expected,” replied popular merchant Jelle in an X post.
“Conclusion: Inflation not as bad as expected: bring the trimmed rate at the end of this month. News now behind us, it is time to resume the programmed program: higher.”
The price of BTC runs the risk of repeating the US inflation data trap.
BTC price forecasts also emphasized the importance of recent support recoveries.
Related: Bitcoin Price can reach $ 160K in October when Macd Golden Cross returns
For the merchant partner Bitbull, turning $ 113,500 of the support resistance was the key event of low time frame, which opened the door to a rematch with historical maximums.
$ BTC He has recovered a very crucial level.
The level of $ 113.5k that acted as resistance has now turned in support.
Now the next key level for Bitcoin is to recover the level of $ 117K, and a new ATH will be confirmed. pic.twitter.com/3qdrCth4Ho
– bitbull (@akabull_) September 11, 2025
However, some perspectives saw a new support test that arrived before a return to price discovery.
Trader Skew argued that the market would try to catch and liquidate the lengths that entered the launch of the CPI.
“One more liquidation before more,” said an X Post part, pointing to 2,000 BTC of liquidity that appear in the exchange order books.
The cryptographic and entrepreneur TED Almohadas investor went further, which suggests that BTC/USD would copy the previous IPC behavior to first rise and then the minimum fresh.
“In the last 3 data versions of the CPI, Bitcoin recovered before the CPI data and was thrown away just after data release,” he observed along with an explanatory graph.
“This time, BTC has recovered before the release of data from today’s CPI, which means that a dump could occur.”
This article does not contain advice or investment recommendations. Each investment and trade movement implies risk, and readers must carry out their own investigation by making a decision.
