$PROM $KAITO $TUT
🚨 CRYPTO DAILY | 12/08/2026
BTC still hasn’t been able to break out of the $65K range
Bitcoin is still around $64K, while ETH is hovering near $1.9K. The market remains compressed within a narrow range after many weeks of sideways movement.
🇺🇸 US CPI for July rose 3.4% YoY, in line with expectations. The data didn’t trigger a surprise inflation shock, but it also isn’t weak enough to open the door to a stronger Fed easing story.
The thing I notice most is that BTC still hasn’t reacted strongly even though CPI has already been released.
In my view, this is a sign the market is waiting for a bigger catalyst. The ETF previously attracted about $850M in a week, yet BTC is still stuck in the $62K–$66K zone.
💡 My perspective:
I’m not bearish yet.
But I’m also not aggressively bullish.
$65K is still the gateway. BTC needs to reclaim this area with real volume and capital inflows returning before the next uptrend becomes more convincing.
If $63K–$64K is lost, I’ll prioritize defense rather than trying to catch the bottom.
🎯 CPI is out. Now I’m watching how price responds—no more focusing on the news.
Will BTC break out or break down? 👇
#Bitcoin #BTC #Crypto #BinanceSquare
🚨 CRYPTO DAILY | 12/08/2026
BTC still hasn’t been able to break out of the $65K range
Bitcoin is still around $64K, while ETH is hovering near $1.9K. The market remains compressed within a narrow range after many weeks of sideways movement.
🇺🇸 US CPI for July rose 3.4% YoY, in line with expectations. The data didn’t trigger a surprise inflation shock, but it also isn’t weak enough to open the door to a stronger Fed easing story.
The thing I notice most is that BTC still hasn’t reacted strongly even though CPI has already been released.
In my view, this is a sign the market is waiting for a bigger catalyst. The ETF previously attracted about $850M in a week, yet BTC is still stuck in the $62K–$66K zone.
💡 My perspective:
I’m not bearish yet.
But I’m also not aggressively bullish.
$65K is still the gateway. BTC needs to reclaim this area with real volume and capital inflows returning before the next uptrend becomes more convincing.
If $63K–$64K is lost, I’ll prioritize defense rather than trying to catch the bottom.
🎯 CPI is out. Now I’m watching how price responds—no more focusing on the news.
Will BTC break out or break down? 👇
#Bitcoin #BTC #Crypto #BinanceSquare
