The latest U.S. Consumer Price Index (CPI) report came in broadly in line with expectations at 3.4% YoY, while Core CPI dropped to 2.4%, its lowest reading since early 2021.
With macro inflation stabilizing, Bitcoin ($BTC) is attempting to defend the $75,500 – $76,000 liquidity zone shown on the chart.
Key Technical Setup:
Liquidity Sweep: Rejection at $80,500 forced a sweep of lower-timeframe stops.
Smart Money Target: Holding $75.5K keeps a bullish reversal toward $79,500–$80,500 on the table.
Macro Impact: Stable CPI gives risk assets breathing room for the next leg up.
Will the CPI data trigger a strong relief bounce, or do we sweep deeper first? Drop your predictions below! 👇