Bitcoin (BTC) trades in a essential vary forward of the Shopper Worth Index (CPI) launch on Aug. 12.
A current “Bitfinex Alpha” report positioned BTC for both a breakout to new all-time highs or a retracement towards $110,000 help ranges.
The Aug. 12 inflation knowledge represents a pivotal second as market sensitivity to macroeconomic occasions reaches elevated ranges.
The report famous that Bitcoin has recovered from its Aug. 1 breakdown, efficiently reclaiming the $112,000 help stage regardless of a number of failed makes an attempt to breach $115,800 resistance.
Following the reclaim, BTC briefly broke above $119,500 vary highs and has been sustaining the breakout as of press time, leaving merchants in a “wait-and-watch” place.
Recovering flows
The restoration follows a pointy reversal in exchange-traded fund (ETF) flows. Between July 31 and Aug. 5, spot Bitcoin ETFs recorded web outflows exceeding 1,500 BTC, equal to roughly $1.45 billion, representing the biggest four-day promoting stretch since April 2025.
Nonetheless, the three buying and selling classes since August 5 produced $769 million in web inflows, restoring market confidence.
The report argued that given the correlation between ETF flows and macroeconomic outcomes in current months, the restoration registered not too long ago may very well be pivotal in figuring out whether or not BTC breaks above vary highs towards new all-time highs or retests current lows as a substitute.
Company treasury help continues
Company crypto adoption has supplied structural help as treasury firms more and more comply with the “Technique Playbook.” The mixed web asset worth of crypto treasury firms has risen steadily since early April, approaching all-time highs above $90 billion.
This institutional accumulation displays a shift towards treating crypto as strategic reserves fairly than speculative trades.
In the meantime, Bitcoin dominance has declined not too long ago, signaling a rotation of speculative capital towards altcoins forward of the macroeconomic knowledge launch. Bitcoin at the moment trades above the short-term holder price foundation of $106,709, positioning it in a “heat however not overheated” zone typical of mid-phase bull market circumstances.
The report confirmed 45% of not too long ago acquired BTC being offered for beneficial properties, with roughly 70% of the short-term holder provide remaining in revenue. The balanced market backdrop suggests continued volatility round key macro knowledge releases.
Nonetheless, the circumstances and oscillation between the vary highs and lows are more likely to proceed, given the worth sample of regularly shifting above and beneath the fee foundation of current buyers.
Regardless of the danger of a possible retracement towards $110,000, the report assessed that the broader structural outlook stays constructive given institutional accumulation and resilient spot demand.
Bitcoin Market Knowledge
On the time of press 9:49 pm UTC on Aug. 11, 2025, Bitcoin is ranked #1 by market cap and the worth is up 0.33% over the previous 24 hours. Bitcoin has a market capitalization of $2.37 trillion with a 24-hour buying and selling quantity of $91.18 billion. Be taught extra about Bitcoin ›
Crypto Market Abstract
On the time of press 9:49 pm UTC on Aug. 11, 2025, the whole crypto market is valued at at $3.96 trillion with a 24-hour quantity of $214.68 billion. Bitcoin dominance is at the moment at 59.83%. Be taught extra in regards to the crypto market ›
