HTX's Cloud says Bitcoin's next move hinges on CPI and $81,000 may be tested first

14 Oct 2026, 03:08 UTC

HTX chief analyst Cloud says Bitcoin, which has drifted back from about $86,000 since early October and has traded between $81,000 and $84,000, is more likely to break lower. With September ISM services prices paid at 74.0 and October one-year inflation expectations at 4.7%, he says an above-forecast CPI on Thursday would test $81,000 first.

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