Bitcoin (BTC) rose on the Wall Street open on Friday as a brand new inflation surprise within the US boosted sentiment.
Key points:
-
Bitcoin price motion is heading towards key resistance after US CPI inflation data cooled beyond expectations.
-
Crypto becomes a outstanding theme on the day as macro assets see a cool response to easing inflation.
-
Traders remain cautious about BTC’s overall price strength.
Bitcoin rises on weak January CPI data
Data from TradingView showed every day BTC price increases of as much as 4% on the time of writing, with BTC/USD hitting $69,190 on Bitstamp.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
The renewed uptrend got here after the January reading of the US consumer price index (CPI) fell in need of expectations.
As confirmed by the Bureau of Labor Statistics (BLS), the core CPI met estimates of two.5%, while the broader reading got here in at 2.4% – 0.1% lower than expected.
US CPI 12-month change in %. Source: BLS
Response, Trade Resource The Kobeissi letter noted that CPI inflation is now at its lowest level in several years.
“Core CPI inflation is now at its lowest level since March 2021,” says a post on X.
“The possibilities of further rate of interest cuts are increasing again.” 
Probabilities of Fed goal rates of interest for the March FOMC meeting (screenshot). Source: CME Group
Kobeissi pointed to the prospect of a rate cut by the Federal Reserve at its next meeting in March. As Cointelegraph reported, market expectations for such an final result were previously at an all-time low, not helped by strong labor market performance.
After the discharge of the buyer price index, the probability of a minimal cut of 0.25% remained below 10%, in response to data from CME Group's FedWatch tool.
Andre Dragosch, European head of research at crypto asset manager Bitwise, further argued that the autumn within the CPI was “not an actual surprise” when viewed through the lens of Truflation, an alternate inflation gauge.
📌RE: CPI release
No real surprise in case you've been following @truflation's CPI number, which is already down under 1%…
LOOK pic.twitter.com/GPEUqaSNZI
— André Dragosch, PhD⚡ (@Andre_Dragosch) February 13, 2026
At the macro level, gold tried to reclaim the $5,000 per ounce mark, while the US Dollar Index (DXY) sought a recovery after an initial decline within the Consumer Price Index to 96.8.
US stocks, however, have failed to duplicate Bitcoin's enthusiasm and are trading barely lower on the time of writing.
Analysts consider that BTC price is currently at a better low
Given the outlook for BTC price development, market participants had little reason to alter their cautious stance.
“$BTC continues to be consolidating on this falling wedge,” trader Daan Crypto Trades wrote in his latest X update.
“Yesterday I attempted a breakout but fell back to the $68,000 level. This is the world to look at if you would like to see one other rise sooner or later.” 
One-hour BTC/USDT perpetual contract. Source: Daan Crypto Trades/X
Previously, Cointelegraph reported on the importance of the $68,000-$69,000 zone, where each Bitcoin's old 2021 all-time high and 200-week exponential moving average (EMA) are positioned.
“Like it or not, Bitcoin stays in an area where I feel we are going to hit a better low,” predicted crypto trader, analyst and entrepreneur Michaël van de Poppe in his own forecast.
“It's actually fragile, but that doesn't mean we won't see some momentum from the markets.” 
BTC/USDT 12-hour chart. Source: Michael van de Poppe/X
This article doesn’t contain any investment advice or recommendations. Every investment and trading activity involves risks and readers should conduct their very own research when making their decision. While we try to supply accurate and up-to-date information, Cointelegraph doesn’t guarantee the accuracy, completeness or reliability of the knowledge in this text. This article may contain forward-looking statements which might be subject to risks and uncertainties. Cointelegraph is not going to be answerable for any loss or damage arising out of your reliance on this information.
