Bitcoin’s $111K: The Floor, the Ceiling, and the Oh-My-God CPI Crisis! 😱

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Key Takeaways

Bitcoin’s got more cracks in its structure than a plumber’s butt at a bad job site. Binance? They’re speed-walking to volatility like it’s Black Friday, baby. So, is $111k really the magic number holding up this circus tent? (Spoiler: Don’t bet your lunch money.) 🥪

Bitcoin [BTC] looks like it’s laying down roots, hoping nobody notices if they’re fake. 

It’s been stuck in a $107k-$113k rut for two weeks… like when your grandma plays the same five lotto numbers since 1973. BTC kicked things off with a higher high at $111k, so the bulls are still in the ring. Who’s counting knockouts? 

Momentum? Only up 1 point on the RSI elevator, from 55 to 56.12. If that’s “fire,” then my grandma’s knitting session is a rave.

Translation: bulls threw a wild block party at $111k, but unless RSI busts through 65, don’t expect fireworks, confetti, or even a half-decent balloon animal. 🎈

CPI data and FOMC ahead

According to AMBCrypto (who I’m convinced are just tossing coins in a subway station), Bitcoin’s structure could use some glue – or duct tape. 

Now, all eyes on inflation data, with CPI crashing the party on September 11th. Cue dramatic music! 🎵

Economists predict a 0.3% Month-over-Month, pushing headline CPI to 2.9%. Highest since January-a real “New Year, Same Problems” moment. Core CPI sticks at 3.1%. So, basically: lots of numbers, some anxiety, and no one sleeping tonight. 

BTC’s carving out a “cautious base,” and the macro headwinds… well, they’re lurking like a clown at midnight. 🤡

With the FOMC up next week, it’s not just crucial-it’s a soap opera. Even now, the tape looks like it’s rehearsing a plot twist.

Bitcoin liquidity grows as Binance stablecoins surge

Sticky inflation, you say? Well, everybody’s checking under the couch for labor data, looking for BTC’s next magic trick. 

The latest payroll revision was basically the financial version of “Whoopsie Daisy!”-the Bureau of Labor Statistics axed job growth by 911k. That’s less jobs, more people at home, and Goldman Sachs is now interviewing for a part-time barista. ☕

Unemployment is at 4.3%, making 2021 sing “Don’t You Forget About Me.” 

Meanwhile, Binance just bagged its biggest Net Stablecoin Inflow of 2025: $6.2 billion. That’s enough cash to fill every swimming pool in Miami. Or at least pay off half your student loans. 🏊

Binance is positioned for Bitcoin’s next “hold-my-beer” moment.

But will their strategy print yacht money or just buy everyone a round of cab fare? Still up in the air, folks. 

One thing’s for sure-Bitcoin’s feeling delicate. Momentum? Meh. Traders tiptoe like the marbles are lava. Macro volatility? Like a squirrel in traffic. 🐿️

If the Fed cuts rates thanks to sad labor stats, we might get a quick moonshot-but don’t blink, because this tape can flip faster than you can say “hodl.” Bitcoin’s $111k? It’s still the world’s shakiest floor. Bring your hardhat. 🚧

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2025-09-10 14:37