Consumer price index brackets in the United States, such as bitcoin eyes, 100,000 dollars

Bitcoin traders are preparing for volatility as the main American inflation data and federal reserve policy updates focus on this week. It is expected that the US Consumer Prices Index (CPI) is expected to provide this week, an insight into inflation trends, which may affect interest rate expectations.

The latest US job data, which has shown a slowdown in employment, has already sparked speculation that the Federal Reserve may be closer to reducing rates.

Bitcoin rose to $ 100,000 after weak job data feed the cuts of the federal reserve price, but investors remain careful before the consumer price index. However, encryption investors remain cautious because they are monitoring the upcoming economic reports, including the PPI price index and Federal Reserve Chairman Jerome Powell to Congress.

These events will provide more clarity on monetary policy expectations at the Federal Reserve Bank and their impact on risk assets such as Bitcoin and Ethereum.

How can inflation trends affect bitcoin

Market analysts expect the consumer price index in January 0.3 %, a decrease from 0.4 % in December. On an annual basis, the consumer price index is expected to cool to 2.8 % of 2.9 %, indicating a gradual decrease in inflationary pressures.

Meanwhile, Core Core CPI, which excludes food and energy prices, is expected to remain fixed at 0.3 % one month, with a slight decrease to 3.1 % annually from 3.2 %.

American CPI data collection and Powell Certificate to form encryption feelings

This week, all eyes are on inflation data in CPI and Jerome Powell’s certificate in front of Congress.

While showing job numbers some cooling in the labor market, there is cautious optimism that the Federal Reserve may reduce prices … pic.twitter.com/wtbtdaoos

– Crypto Town Hall (Crypto_townhall) February 9, 2025

If inflation data comes in less than expected, the issue may be strengthened to reduce the federal reserve rate, which may enhance bitcoin and the broader encryption market. The weakest inflation printing will be compatible with the non -cultivated salary statements report last week, which showed that the American economy added 143,000 jobs in January, without the market expectations of 169,000.

However, if the consumer price index numbers surprise the upward trend, the markets may interact negatively, while Bitcoin faces negative risks. The high inflation reading may indicate that the Federal Reserve may maintain its current restricted position for a longer period, which limits liquidity in the financial markets and put down pressure on speculative assets such as cryptocurrencies.

Powell’s Fermony and PPI report may convert market morale

In addition to the consumer price index data, the market is closely seen by the US Product Product Index (PPI), scheduled for its release on February 13. The PPI is a major indicator of the main inflation that the Federal Reserve considers when assessing its average policy.

Current expectations indicate an increase of 0.3 % for January, an increase of 0.2 % in December. If the producers’ price index data exceeds expectations, this may increase the complexity of the seized bets at a rate and educate the bitcoin prices.

Meanwhile, Federal Reserve Chairman Jerome Powell will witness this week, providing his first major political update since July. Powell phrases will be examined to obtain hints about the following moves that caused the Federal Reserve, especially with regard to the possible time for interest rate discounts.

Given that the Federal Reserve has kept rates unchanged in its meeting in January, investors are eager to hear whether Powell recognizes any softening in the economy, which may justify a previous shift in politics.

Powder certificates will be placed in the encryption markets in the coming weeks. If politicians referred to a shift towards mitigation, Bitcoin may try to try another at $ 100,000.

On the contrary, signs of prolonged cash tightening can lead to an increase in volatility and a possible decline of about $ 90,000 before BTC resumes to ascend.

Prediction Prices of Bitcoin: Technical Expectations

Bitcoin (BTC/USD) is trading at $ 96,280, a decrease of 0.34 %, as the market is integrated into a similar triangular style. EMA works for 50 days at 98,241 dollars as a dynamic resistance, crowned with bullish momentum.

The immediate resistance is 97,183 dollars, with more obstacles at 98,879 dollars and 100,594 dollars. The collapse above these levels can indicate a momentum, targeting 102,579 dollars.

On the negative side, it works 95,089 dollars as immediate support, with $ 93,424 and 91,714 dollars as main negative levels. A break less than 95,107 dollars (23.6 % of Fibonacci decline) may intensify the pressure pressure. If CPI cools, Bitcoin may recover $ 100,000, while higher inflation may pay BTC about $ 90,000 before a recovery.