Bitcoin faces $80K risk or $86K rebound on CPI: analysts
Oct 12 2026 16:40 UTC - Lawrence Mondal
Bitcoin could fall below $80K or rebound toward $86K after U.S. CPI, analysts say, as ETF outflows weigh on demand.
➤ Bitcoin's price is facing potential downside below $80K or a rebound towards $86K, heavily influenced by the upcoming U.S. CPI inflation report.
➤ Analysts are closely watching ETF outflows, Federal Reserve rate decisions, and inflation data as key drivers of Bitcoin's volatility.
➤ Despite some resilience against oil price pressures, sustained institutional buying and recovery in ETF flows are deemed essential for Bitcoin's upward momentum.
Read more at: https://rwatimes.io/articles/crypto-bitcoin-faces-80-k-risk-or-86-k-rebound-on-cpi-analysts-2841121634?utm_source=binance
Oct 12 2026 16:40 UTC - Lawrence Mondal
Bitcoin could fall below $80K or rebound toward $86K after U.S. CPI, analysts say, as ETF outflows weigh on demand.
➤ Bitcoin's price is facing potential downside below $80K or a rebound towards $86K, heavily influenced by the upcoming U.S. CPI inflation report.
➤ Analysts are closely watching ETF outflows, Federal Reserve rate decisions, and inflation data as key drivers of Bitcoin's volatility.
➤ Despite some resilience against oil price pressures, sustained institutional buying and recovery in ETF flows are deemed essential for Bitcoin's upward momentum.
Read more at: https://rwatimes.io/articles/crypto-bitcoin-faces-80-k-risk-or-86-k-rebound-on-cpi-analysts-2841121634?utm_source=binance