Bitcoin Eyes Breakout as CPI Data Cools Inflation
Feb 13, 2026 | 22:40 GMT | 3 min read
BTCUSD +4.3%
Bitcoin climbed back above $69,000 following the latest US CPI data, which showed cooling inflation and improved short-term market sentiment.
Key takeaways:
Traders are watching for a relief rally, but BTC must clear the $68,000–$70,000 resistance zone.
A confirmed hold above $65,000 could open the door for a short squeeze toward $75,000–$80,000.
Bitcoin must reclaim $70,000 for bullish continuation
After briefly testing higher levels, Bitcoin faced resistance near $70,000. Analysts say this remains the key area bulls must reclaim to extend gains.
On lower timeframes, BTC is consolidating in a tightening range, suggesting a volatility breakout could follow.
If price closes above $70,000, the next upside targets sit near $72,000 and $75,000.
However, if the $65,000–$66,000 support fails, the probability of a deeper correction increases.
Technical structure shows recovery attempt
From a technical perspective, Bitcoin is attempting a short-term recovery pattern on the four-hour chart.
Price is retesting resistance defined by short-term moving averages near $68,000–$70,000.
A breakout above this area strengthens the case for continuation toward $72,000 and possibly $76,000.
Liquidity builds near $80,000
Order-book data shows sell-side liquidity clustered around $75,000 and $80,000.
If BTC breaks above $72,000–$75,000, it could trigger a short liquidation squeeze, accelerating price toward $80,000.
Below the current price, strong bids remain near $65,000, suggesting buyers are defending that level.
Summary
Bullish case: Hold $65,000 and reclaim $70,000
Bearish risk: Lose $65,000 support
Market focus remains on macro data and inflation trends.
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