This week, one indicator could change market dynamics: U.S. inflation.
October CPI will be released on Tuesday, November 10 at 2:30 p.m. Paris time.
Market expectations:
→ Monthly inflation: +0.3%.
→ Inflation excluding food and energy: +0.2%.
→ No annual figure will be published, according to the schedule presented by the BLS, due to an interruption in October 2025 data.
And what about Bitcoin?
BTC was trading at around 76 038 $ on Friday, down 1.6% for the week.
The 76 800 to 77 200 $ zone remains important to watch, based on the levels indicated in our analysis.
My analysis:
An inflation figure above expectations could heighten concerns about rates staying high and weigh on risk assets.
Conversely, more moderate inflation could improve market sentiment.
But be careful: one figure alone is not enough to confirm a trend reversal.
Other dates to watch:
→ Wednesday the 11th: U.S. bond markets closed.
→ Friday the 13th: PPI release.
This is also the last CPI report before the Fed meeting on December 8 and 9.
In your view, will CPI be the catalyst for a Bitcoin rebound or another bout of selling pressure? #CPITestsDecemberRateOutlook
October CPI will be released on Tuesday, November 10 at 2:30 p.m. Paris time.
Market expectations:
→ Monthly inflation: +0.3%.
→ Inflation excluding food and energy: +0.2%.
→ No annual figure will be published, according to the schedule presented by the BLS, due to an interruption in October 2025 data.
And what about Bitcoin?
BTC was trading at around 76 038 $ on Friday, down 1.6% for the week.
The 76 800 to 77 200 $ zone remains important to watch, based on the levels indicated in our analysis.
My analysis:
An inflation figure above expectations could heighten concerns about rates staying high and weigh on risk assets.
Conversely, more moderate inflation could improve market sentiment.
But be careful: one figure alone is not enough to confirm a trend reversal.
Other dates to watch:
→ Wednesday the 11th: U.S. bond markets closed.
→ Friday the 13th: PPI release.
This is also the last CPI report before the Fed meeting on December 8 and 9.
In your view, will CPI be the catalyst for a Bitcoin rebound or another bout of selling pressure? #CPITestsDecemberRateOutlook
