Bitcoin (BTC) trades in a crucial vary forward of the Shopper Value Index (CPI) launch on Aug. 12.
A latest “Bitfinex Alpha” report positioned BTC for both a breakout to new all-time highs or a retracement towards $110,000 assist ranges.
The Aug. 12 inflation information 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 assist 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 internet 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 periods since August 5 produced $769 million in internet inflows, restoring market confidence.
The report argued that given the correlation between ETF flows and macroeconomic outcomes in latest months, the restoration registered lately might be pivotal in figuring out whether or not BTC breaks above vary highs towards new all-time highs or retests latest lows as a substitute.
Company treasury assist continues
Company crypto adoption has supplied structural assist as treasury corporations more and more observe the “Technique Playbook.” The mixed internet asset worth of crypto treasury corporations 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 somewhat than speculative trades.
In the meantime, Bitcoin dominance has declined lately, signaling a rotation of speculative capital towards altcoins forward of the macroeconomic information launch. Bitcoin presently trades above the short-term holder value 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 lately acquired BTC being offered for good points, with roughly 70% of the short-term holder provide remaining in revenue. The balanced market backdrop suggests continued volatility round key macro information releases.
Nonetheless, the circumstances and oscillation between the vary highs and lows are prone to proceed, given the value sample of regularly shifting above and beneath the fee foundation of latest traders.
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 Information
On the time of press 9:49 pm UTC on Aug. 11, 2025, Bitcoin is ranked #1 by market cap and the value 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 full crypto market is valued at at $3.96 trillion with a 24-hour quantity of $214.68 billion. Bitcoin dominance is presently at 59.83%. Be taught extra concerning the crypto market ›