📊 Bitcoin Market Update — August 13, 2025

Opportunity: Potential Rebound on the Horizon

Bitcoin is holding firm around the $118,000 support zone, even after recent market fluctuations. According to community and technical analysis, this level is proving to be a strong base for buyers.

Market sentiment suggests that if the upcoming Consumer Price Index (CPI) data turns out to be favorable, we could witness a solid rebound in Bitcoin’s price. This move could also close the existing CME gap, which often acts as a magnet for price action in the crypto market.

Traders are keeping a close eye on macroeconomic indicators and institutional activity, as these factors may confirm the next bullish leg for BTC.