Bitcoin (BTC) Analysis: Stuck in Uncertainty
Crypto Market Outlook: Bitcoin is still trading between 90K and 100K, stuck in a long consolidation phase. The daily chart shows Bitcoin struggling to break above the key 100K resistance, while support remains strong around 90K. This hesitation in the market matches growing uncertainty about the economy, especially after Donald Trump’s return as U.S. President. Historically, Bitcoin has reacted to political changes under Trump, and traders seem cautious about regulations and financial policies.
Key Levels to Watch:
- Breakout Above: A solid close above 100,500 (All-Time High: 109.5K) could bring back bullish momentum.
- Drop Below: If Bitcoin falls under 90K, it might test 86K or lower, especially if economic data is disappointing.
Source | Tradingview
This week’s economic reports and crypto events could shake things up.
U.S. Economic Calendar: Key Inflation Data and Fed Speeches
Tuesday, Feb. 11
🕙 15:00 UTC – Fed Chair Jerome Powell’s Testimony
- If Powell hints at rate cuts → BTC could rise.
- If Powell suggests no rate cuts soon → BTC may struggle.
Wednesday, Feb. 12
🕗 13:30 UTC – January CPI Report (Inflation Data)
- Expected Core CPI: 3.1% (previous: 3.2%)
- If CPI is below 3.1% → BTC likely jumps (rate cut hopes).
- If CPI is 3.2% or higher → BTC may fall below 90K.
Thursday, Feb. 13
🕗 13:30 UTC – Producer Price Index (PPI) & Jobless Claims
- Rising PPI (expected: 0.3%) may raise inflation fears, hurting BTC.
Friday, Feb. 14
🕗 13:30 UTC – Retail Sales Report
- Expected: 0.0% MoM (previous: 0.4%)
- Weak retail sales could signal a slowing economy, which might help BTC as a hedge.
Crypto Events: Token Unlocks, AMAs, and Protocol Upgrades
Monday, Feb. 10
🔹 Aptos (APT): 11.31M Token Unlock (1.97% of supply) – Moderate-High Impact (Potential sell pressure).
🔹 Filecoin (FIL): AMA on Fee Changes – High Impact (Could affect network usage).
Tuesday, Feb. 11
🔹 Axie Infinity (AXS): 815K Token Unlock (0.51% of supply) – Moderate Impact (Short-term volatility).
Wednesday, Feb. 12
🔹 Conflux (CFX): Network Parameter Vote – Medium-High Impact (Doubling rewards could boost staking).
🔹 Render (RENDER): Weekly AI Scout AMA – Low Impact (Routine event unless major announcements are made).
Thursday, Feb. 13
🔹 Tezos (XTZ): Paris Meetup – Medium Impact (Protocol upgrade talks could lift sentiment).
Friday, Feb. 14
🔹 The Sandbox (SAND): 205.59M Token Unlock (8.41% of supply) – High Impact (Big supply release may cause a price drop).
🔹 Jupiter (JUP): Project Update Call – Medium-High Impact (Buyback and new product announcements could drive volatility).
Saturday, Feb. 16
🔹 Arbitrum (ARB): 92.65M Token Unlock (2.13% of supply) – High Impact (Could pressure prices).
🔹 Avalanche (AVAX): 1.67M Token Unlock (0.40% of supply) – Low-Moderate Impact (Small unlock, limited impact unless market sentiment shifts).
Final Takeaway
Bitcoin’s next move depends on this week’s CPI report and Fed updates. If inflation cools or Powell hints at rate cuts, BTC could push past 100K. But if inflation stays high, Bitcoin may stay stuck in its range (Crypto Market Outlook).
🔹 This article is not financial advice. Always do your own research (DYOR). You can start by checking out blog.millionero.com for insights.
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