BITCOIN BEAR FLAG BUILDS AFTER CPI DATA AS $85K SUPPORT WEAKENS
Bitcoin is at a critical juncture as macroeconomic factors and technical signals align. U.S. inflation data and changing interest rate expectations are continuing to influence investor risk appetite, while BTC trades just above the $85,000 level—a zone buyers have defended multiple times.
From a technical perspective, Bitcoin is still trading below key moving averages, leaving any short-term rallies vulnerable. A sustained daily close below current support could open the door to a move toward $80,600. On the upside, a recovery above $90,200 would be an early sign of stabilization and improving market confidence.
Global Rate Updates: US CPI Misses, BoE Cuts, ECB Holds—Market Implications
Today’s macroeconomic releases highlighted a cautious global monetary stance: inflation pressures are easing, but economic growth remains fragile, prompting central banks to act carefully.
In the UK, the Bank of England lowered its benchmark rate to 3.75%, the lowest in nearly three years, following a slowdown in inflation to 3.2% in November from 3.6%. The rate cut passed narrowly, reflecting concerns about reducing rates too aggressively. Governor Andrew Bailey noted that inflation has peaked but warned that UK economic momentum remains weak, with little to no growth expected in Q4 2025. The move was defensive rather than signaling a shift toward stimulus.
In the eurozone, the European Central Bank kept rates unchanged, maintaining the deposit rate at 2.00% and the main refinancing rate at 2.15%. Updated projections show inflation easing toward the target over the medium term, but policymakers emphasized that future decisions will remain data-dependent. The ECB stressed that current policy is sufficiently restrictive, with near-term easing not yet justified.
In the United States, November CPI came in below expectations, with headline inflation at 2.7% year-on-year versus a 3.1% forecast, while core CPI slowed to 2.6% against a 3.0% estimate. Initial jobless claims remained at 224K, but the Philadelphia Fed Manufacturing Index dropped sharply to -10.2, signaling renewed weakness in industrial activity.
Overall, today’s data suggest that interest rates may be nearing their peak in major economies, while downside growth risks are becoming more visible, keeping markets cautious.
Bitcoin Price Prediction: Bearish Flag Keeps $85K Support in Focus
Bitcoin’s daily chart shows the market at a technically sensitive stage, trading around $85,600—just above the minor support zone of $85,000–$85,100. This level has repeatedly attracted dip buyers, but follow-through has been weak, signaling fading demand rather than panic selling.
BITCOIN ETFS LOSE $3.5B IN NOVEMBER; IS THE MARKET BRACING FOR MORE BTC DOWNSIDE?
Structurally, Bitcoin has confirmed a bearish flag breakdown, a continuation pattern following the sharp decline from the $100,000 area earlier this quarter. The break reinforces that the broader trend remains corrective. Price remains capped below the 50-day EMA near $94,500 and the 100-day EMA around $100,100, both sloping lower and acting as dynamic resistance. Until these levels are reclaimed, upside moves are likely to face selling pressure.
Technical Outlook: Momentum Weak, $80K Level in Sight
Momentum indicators remain soft. The RSI sits in the high-30s, showing limited buying strength without reaching oversold territory, leaving room for further downside. Recent candles are small and overlapping, reflecting consolidation rather than accumulation, with no clear reversal signal yet.
A daily close below $85,000 could trigger a decline toward $83,000, with the bearish flag projecting further downside near $80,600. On the upside, reclaiming $90,200 would ease pressure and shift focus toward $94,500, where strong supply continues to exist.
In the near term, failed rebounds below $90,000 continue to favor sellers, while deeper dips toward the $80,000 region may attract long-term buyers rather than aggressive short covering.
PEPENODE: Mine-to-Earn Meme Coin Nearing Presale Close
PEPENODE is gaining traction as a next-generation meme coin combining viral culture with interactive gameplay. The project has already raised over $2.36 million, and its presale is approaching the cap, attracting growing attention from early investors.
What sets PEPENODE apart is its mine-to-earn virtual ecosystem. Users can build digital server rooms using Miner Nodes and facilities, earning simulated rewards displayed on an interactive dashboard. This gamified approach adds engagement and competition for holders before the token’s official launch.
SOLANA MOBILE ANNOUNCES JANUARY RELEASE FOR SKR TOKEN
The project also features presale staking, allowing early participants to earn boosted rewards ahead of the token generation event. Leaderboards and bonus incentives are planned post-launch to maintain high engagement.
With 1 $PEPENODE priced at $0.0012016 and limited allocation remaining, the presale is entering its final window for early buyers.
