Soft CPI just gave $BTC the macro green light today and you can see it immediately in price action: risk bid turns on, yields cool off, and Bitcoin gets another shot at the top of the range, breaking its hourly moving averages to the upside! 🚀📈
What the CPI print implies for BTC
• Softer inflation reduces the urgency for "higher for longer" talk.
• That tends to loosen financial conditions, which is exactly what BTC likes when it is already basing.
• In other words: CPI does not magically create a bull market, but it can remove the brake.
The real question: can BTC clear 94k?
94k has been the rejection level for weeks. Every time BTC pokes above it, sellers show up fast. That is why this level matters more than any headline.
Scenario A: Break and hold above 94k (bullish) 💸
• A clean daily close above 94k, followed by 94k acting as support on a retest
• That is when 100k becomes a realistic magnet, not just a meme
• If we get acceptance above 94k, the move can accelerate because sidelined buyers chase and shorts cover
Scenario B: Another wick above 94k and fade (still chop)
• If BTC pops on CPI and then gives it back, it is the same range story
• That would signal supply is still sitting overhead and the market is not ready for trend yet
• In that case, we likely rotate back into the mid-range and keep grinding
What I am watching into the close
• Does BTC hold the gains, or does it do the usual vertical selloff after the spike
• Does volume expand on the breakout attempt, not just on the wick
• Where does the weekly structure settle relative to 90k and 94k
