Bitcoin worth volatility looms forward of CPI information, however BTC $140K rally attainable.

Key takeaways:

• Bitcoin worth could dip towards the $100,000-$104,000 vary earlier than new highs.

• CPI information on June 11 may set off volatility, with greater inflation hurting Bitcoin.

• BTC is forming bullish cup-and-handle and bull flag patterns focusing on $140,000.

After final week’s volatility fueled by the Trump-Musk public breakup, Bitcoin (BTC) worth has established a spread between $103,800 and $106,900 over the past three days.

With BTC failing to exhibit a transparent directional bias within the each day timeframe, analysts imagine the worth could dip decrease earlier than reaching new all-time highs.

Will CPI information gasoline Bitcoin’s subsequent correction?

The US Shopper Value Index (CPI) is due for studying on June 11, with markets fearing that Trump’s tariffs add strain on market costs. 

Market analysts venture the US CPI to rise 0.3% month-over-month and a couple of.3% year-over-year. Core CPI, excluding meals and power, is forecasted to extend 0.3% month-over-month and a couple of.9% year-over-year.

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A print exhibiting growing inflation may scale back Fed fee lower prospects, probably including headwinds to BTC worth.

“Inflation information within the week forward may unleash volatility,” stated non-public wealth supervisor Swissblock in a June 9 submit on X. 

Swissblock analysts defined that though Bitcoin bulls are “slowly rebuilding construction and regrouping,” a “short-term check of the decrease vary round $104,000 appears to be like possible.”

Related sentiments had been shared by standard analyst Mickybull Crypto, who identified that the looks of a head-and-shoulders sample on the each day chart anticipates a BTC worth drop to $101,500. The analyst stated:

“Brief-term correction, then new all-time highs.”

As Cointelegraph reported, $100,000 stays a key stage to look at as a result of if it fails to carry, BTC worth may even see a deeper correction because it strikes towards clusters of liquidity sitting beneath it.

Bitcoin bulls nonetheless in management

Different Bitcoin analysts imagine that any pullback in worth could be short-term, because the asset’s upside stays intact in greater time frames.

Bitcoin has not relented since “breaking again above its bull market assist band,” standard dealer Daan Crypto Trades stated in a June 8 submit on X, including:

“General, the excessive timeframe development nonetheless stays very clear.”

It’s important for Bitcoin’s worth to carry onto the bull market assist band presently at $95,000, the dealer stated, including, “The uptrend has lasted for 900+ days now, which is often while you need to be on the extra cautious aspect of issues.”

For technical analyst SuperBro, the truth that Bitcoin has held above the earlier highest weekly shut from 2021 for 4 consecutive weeks and has not dropped beneath the 5-weekly EMA since early Could means that bulls are absolutely in management.

“As soon as it breaks the trendline from 2021, the subsequent leg up ought to rapidly attain $140-150K”

$BTC weekly

bulls in management with 4 straight closes above the earlier highest shut and never a single shut beneath the 5 EMA since $84K

as soon as it breaks the trendline from 2021 the subsequent leg up ought to rapidly attain $140-150K pic.twitter.com/jbQIxgmZjc

— Tremendous฿ro (@SuperBitcoinBro) June 9, 2025

Bitcoin’s indicators trace rally to $140K subsequent

From a technical perspective, the BTC/USD pair has been forming a cup-and-handle and a bull flag sample on the weekly chart, every indicating huge features.

Within the cup-and-handle state of affairs, Bitcoin’s worth motion suggests a possible breakout above the $109,000 neckline, with a technical goal close to $143,000, implying a 35% achieve.

The bull flag sample, alternatively, signifies a possible breakout towards $143,300, as proven within the chart beneath.  

As Cointelegraph reported, Bitcoin’s rally to $140,000 is believable, backed by an array of elementary, onchain and technical indicators.

This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a choice.