BTC Analysis Today with CPI Report
Bitcoin (BTC) is eyeing a fresh all-time high ahead of the US Consumer Price Index (CPI) and Producer Price Index (PPI) data release this week. As of yesterday, BTC was trading around $119,113.52, down 1.86% from the previous close ¹.
Key Points to Consider
- CPI Report Impact: The US CPI data is expected to show a 0.3% jump in July, driven partly by Trump tariffs impacting consumer prices.
- Post-Halving Trends: Analysts predict a strong rally in August and Q4 2025, following historical post-halving year patterns.
- Market Sentiment: Bitcoin's price surged 3.6% in the last 24 hours, surpassing $122,000. New Bitcoin addresses hit a one-year high of 364,126 daily, indicating robust adoption.
- Potential Price Movement: Analysts see potential for BTC to rally to $130,000-$150,000 based on post-halving historical patterns and volatility data ² ³.
What's Next?
With the CPI and PPI data on the horizon, BTC investors are on edge. A softer-than-expected inflation print could boost rate cut expectations and support further Bitcoin gains. Conversely, an upside surprise in inflation data could trigger a "mini panic" and lead to sharp downturns ³.
