{"id":31430,"date":"2026-08-11T15:49:09","date_gmt":"2026-08-11T14:49:09","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/08\/11\/bitcoin-price-64000-us-cpi-inflation\/"},"modified":"2026-08-11T15:49:14","modified_gmt":"2026-08-11T14:49:14","slug":"bitcoin-price-64000-us-cpi-inflation","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-price-64000-us-cpi-inflation\/","title":{"rendered":"Bitcoin Slides Toward $64,000 as Traders Brace for US Inflation Data"},"content":{"rendered":"\n

Bitcoin<\/strong> is stalling ahead of a major macroeconomic catalyst<\/strong>. The market is holding its breath before the release of US inflation data<\/strong>, and the tension is written all over BTC’s price action.<\/p>\n\n\n\n

The $64,000<\/strong> zone is the center of attention: a key technical support, a strong psychological level, and now the battleground for a market searching for direction. The next few hours could change everything.<\/p>\n\n\n\n

Bullish breakout<\/strong> or bearish reversal<\/strong>? Analysts are deeply divided, and Wednesday’s CPI report<\/strong> will be the deciding factor.<\/p>\n\n\n\n

$64,000: A Support Under Pressure Ahead of the Inflation Verdict<\/h2>\n\n\n\n

Bitcoin<\/strong> is trading in uncertain territory, oscillating around the $64,000<\/strong> zone amid low volatility and declining volumes. This type of price compression often precedes a strong directional move<\/strong> \u2014 the question is which way it breaks.<\/p>\n\n\n\n

The expected catalyst is clear: the release of the US Consumer Price Index (CPI)<\/strong> for July, scheduled for Wednesday. This inflation report is one of the most closely watched indicators by the Federal Reserve<\/strong> when calibrating its monetary policy<\/strong>. A reading above expectations would strengthen the case for keeping rates elevated, which would mechanically weigh on risk assets<\/strong> like Bitcoin<\/a>. Conversely, a cooling inflation print could reignite hopes of an imminent rate cut<\/strong> \u2014 a scenario that has historically been favorable for BTC.<\/p>\n\n\n\n

On the technical side, the $64,000<\/strong> level represents an intermediate support zone<\/strong> identified by multiple analysis desks. Below it, eyes turn to $61,500<\/strong>, and then the $59,000<\/strong> area that served as a floor during previous corrections. To the upside, a convincing recovery would need to clear $66,500<\/strong> to signal a return of buying momentum<\/strong>.<\/p>\n\n\n\n

Market Divided: Between Breakout Hopes and Correction Risk<\/h2>\n\n\n\n

Analysts are not aligned on the most likely scenario. Part of the market remains constructive: Bitcoin<\/strong> has shown notable resilience over recent weeks, absorbing several shocks without breaking its major supports. Flows into US spot Bitcoin<\/a> ETFs, while slightly decelerating, remain positive \u2014 a signal that institutional demand<\/strong> has not evaporated.<\/p>\n\n\n\n

Other voices are more cautious. Market sentiment, as measured by the Fear & Greed Index, is stuck in a neutral to slightly fearful zone. Liquidation data from CoinGlass shows an accumulation of long positions<\/strong> between $63,000 and $65,000, making this a high-risk area in the event of a sharp downward move \u2014 a classic long squeeze<\/strong> that bears could look to trigger.<\/p>\n\n\n\n

The macro backdrop is also playing a central role. US equity markets<\/strong> are equally in wait-and-see mode, and the correlation between Bitcoin and the Nasdaq<\/strong> remains elevated in the short term. If CPI surprises to the upside, risk assets<\/strong> across the board could face synchronized selling pressure. In this environment, risk management takes precedence over any directional conviction.<\/p>\n\n\n\n

What Traders Are Really Watching Wednesday Morning<\/h2>\n\n\n\n

Beyond the headline CPI figure, market participants will be scrutinizing the core inflation component<\/strong> (excluding energy and food), widely regarded as the most reliable signal of underlying inflationary trends<\/strong>. The Bloomberg consensus anticipates a slight deceleration \u2014 but markets rarely react to consensus; they react to deviations from it.<\/p>\n\n\n\n

Options<\/a> traders have positioned significant strikes around $63,000<\/strong> and $67,000<\/strong> for the end-of-week expiry, which fairly clearly defines the expected price range<\/strong> priced in by market makers. A break out of this range in the hours following the CPI release would be the most anticipated signal of the moment.<\/p>\n\n\n\n

For long-term investors, this episode illustrates a reality that is now firmly established: Bitcoin<\/strong> no longer exists outside the macroeconomic cycle<\/strong>. US inflation data<\/strong>, Fed decisions<\/strong>, and rate expectations<\/strong> are now integral parts of BTC’s valuation equation \u2014 on equal footing with on-chain fundamentals and halving cycles.<\/p>\n\n\n\n

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