#USJulyCPI&PPIDueThisWeek
CPI CAME IN AS EXPECTED… SO WHY IS BITCOIN STILL STUCK? 😑

U.S. inflation just gave markets a number they were already expecting.
July CPI came in at 3.4% year-over-year, down from 3.5% in June. Core CPI landed at 2.5%, also matching expectations.
Then today, July PPI came in flat month-over-month, below the 0.2% increase economists expected.
On paper, that's a pretty interesting setup:

CPI → 3.4%
Core CPI → 2.5%
PPI → 0.0% MoM

Inflation isn't suddenly disappearing, but the latest data isn't showing the kind of upside shock markets fear either.

Yet Bitcoin is still hovering around the $63K–$64K zone rather than immediately breaking higher and that's where things get interesting.
Maybe the question isn't:
“Was CPI bullish for Bitcoin?”

Maybe it's:
“If inflation data isn't enough to trigger a breakout… what catalyst is BTC actually waiting for?” 👀

Fed expectations?

Liquidity?

Institutional demand?

Or simply a technical breakout?

What do you think comes first:
BTC breakout or another liquidity sweep?
#Bitcoin #BTC #cpi #crypto #Macro