Bitcoin (BTC) trades in a important vary forward of the Client 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 degree 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 classes 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 current months, the restoration registered just lately 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 an alternative.
Company treasury help continues
Company crypto adoption has offered structural help as treasury corporations more and more comply with 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 just lately, 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 just lately acquired BTC being bought for positive factors, 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 prone to proceed, given the value sample of continually transferring above and under 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 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. Study extra about Bitcoin ›
Crypto Market Abstract
On the time of press 9:49 pm UTC on Aug. 11, 2025, the entire 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%. Study extra concerning the crypto market ›
