Bitcoin: Surges 1.5% After CPI Falls to 3.5%

Bitcoin climbed 1.5% within minutes after U.S. CPI printed at 3.5%, beating forecasts of 3.8% and the prior 4.2% reading, lifting odds of near-term Fed easing.

Over the past six months BTC has traded inside a tightening range that now sits between the 50-EMA at $63128.74 and the 200-EMA at $63722.87; the latest print keeps price above both, preserving the bullish structure while the MACD death cross at -166.77 signals fading momentum. With Bitcoin pressing the upper Bollinger Band at $64932.2 and RSI at 57.84 still neutral, a measured pullback toward the $63128.74 EMA50 support remains the highest-probability next move before any extension higher. Traders watching BTC price prediction models now factor the softer inflation print directly into September cut probabilities.