Bitcoin barely budget even though US CPI data is the most softening – what is the following for BTC?
Bitcoin (BTC) remained largely stable after the issuance of the US Consumer Prices Index (CPI) for 2025, which came in expectations below. The data indicates that inflation continues to cool down, which is a possible positive sign of assets of risk like BTC.
Bitcoin makes a minimum movement after CPI data in April
Work Statistics Office I mentioned 0.2 % increase in the consumer price index in April, slightly lower than 0.3 % expectations. While the number represents a decrease in a decrease of -0.1 % registered in March 2025, it still indicates inflationary pressure.
The consumer price index has increased on an annual basis (YOY), by 2.3 %-dantas since February 2021. The basic consumer price index, which excludes flying food and energy prices, increased by 0.2 % in April compared to 0.1 % in March. This was also less than 0.3 % consensus. On an annual basis, Core CPI shadow is fixed at 2.8 %, walking with expectations.
Low inflation data supports cautious “waiting and monitoring” position of the Federal Reserve on interest rate discounts, which enhances the issue of maintaining the current policy until the clarity of the macroeconomic is evident.
Despite the background of the positive macro, the bitcoin price reaction was concealed. At the time of this report, BTC is trading in a low range of $ 100,000-about 5.1 % less than its highest level (ATH) of $ 108,786 in January 2025.
Although the response to prices was light, technical analysts remain optimistic. Crypto encryption analyst participated in the next scheme, which indicates a possible transition to the highest level ever, driven by a weekly relative power index (RSI).
Likewise, Jelle’s encryption analyst commented on BTC flexibility around the level of $ 102,000, indicating that this may serve as a strong support zone. “Not a lot is left to repeat BTC now,” the analyst pointed out, noting confidence in a constant gathering.
BTC ExchandE Reserves Exhaust, Investors accumulate
Data on the series also Support The upcoming expectations. Davinhi Jeremy’s encryption effect Duplicate In the newly published post, bitcoin reserves on central exchanges have decreased significantly and are now hovering about 2.4 million BTC – a level that can contribute to the shock of the width that loosen the horizon.
Low reserves BTC will probably enhance the exchange of coding, the shock of the show shock of the leading cryptocurrency, which may lead to an equivalent price. The data also shows that adult investors accumulation BTC.
In a separate X Publication, the Crypto Bitcoin Munger analyst shared the following scheme that shows that the BTC shark – portfolios containing 100 to 1000 BTC – accumulates BTC at a rapid pace. Currently, these entities contain more than 3.55 BTC combined.
However, modern data He appears This open interest did not rise alongside the high price of BTC, which may be a cause of concern. At the time of the press, BTC is trading at $ 10,311, an increase of 0.1 % in the past 24 hours.
Distinctive image from Unsplash.com, plans from x and tradingview.com
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