BTC USD Price Prediction: Can Bitcoin Hold $64,000 Before Wednesday’s CPI Data Drop?

BTC USD is trading at $64,950, up a modest +0.2% on the day, after briefly punching through $65,400 in early August 10 trading. That’s not a breakout yet, as it’s already lost the $65,000 level.

The bigger question is whether Wednesday’s inflation print turns this into a real move or sends BTC back toward the low $64,000s.

As things stand, Bitcoin is holding steady above $64K and until $64,500 is lost, there is no real reason to panic.The setup is straightforward on paper, messier underneath.

Friday’s payroll data showed the US economy shed 23,000 nonfarm jobs in July, with unemployment holding at 4.1% and a combined 103,000 jobs erased from May and June revisions, according to the Bureau of Labor Statistics.