📡 CPI Day Tests BTC Near 75K
Bitcoin holds near 75,000 into the biggest macro print of the week, roughly flat in 24 hours after dipping toward 73,750 overnight. Ethereum sits near 2,123, down about 1%, while Solana trades near 86, down about 2%.
Today the US October CPI lands, and it carries an unusual twist. Consensus looks for headline inflation up 0.3% month on month and core up 0.2%, cooler than September's 0.6% and 0.3%. There will be no year on year figure this time, because the BLS never collected October 2025 prices during the shutdown, so the market will judge the print month on month only.
The stakes are high. A December Fed hike is priced near 75% to 80%, and a soft core print could cool that fast, while a hot one could push it higher. Bitcoin also closed the week below its 50 week average near 75,200, so a weak print could test how much patience buyers still have.
👀 Support 75,000 and 73,200. Resistance 76,000 and 80,000.
CPI lands later today and could set the tone into the Fed meeting in December.
📌 Personal opinion, not financial advice. DYOR.
#BTC #Crypto #CryptoMarket #CPI
$BTCUSDT $ETHUSDT $SOLUSDT
Bitcoin holds near 75,000 into the biggest macro print of the week, roughly flat in 24 hours after dipping toward 73,750 overnight. Ethereum sits near 2,123, down about 1%, while Solana trades near 86, down about 2%.
Today the US October CPI lands, and it carries an unusual twist. Consensus looks for headline inflation up 0.3% month on month and core up 0.2%, cooler than September's 0.6% and 0.3%. There will be no year on year figure this time, because the BLS never collected October 2025 prices during the shutdown, so the market will judge the print month on month only.
The stakes are high. A December Fed hike is priced near 75% to 80%, and a soft core print could cool that fast, while a hot one could push it higher. Bitcoin also closed the week below its 50 week average near 75,200, so a weak print could test how much patience buyers still have.
👀 Support 75,000 and 73,200. Resistance 76,000 and 80,000.
CPI lands later today and could set the tone into the Fed meeting in December.
📌 Personal opinion, not financial advice. DYOR.
#BTC #Crypto #CryptoMarket #CPI
$BTCUSDT $ETHUSDT $SOLUSDT
