Bitcoin Holds the $82,500 Line as Traders Brace for the Next CPI Test

By Isaac • October 12, 2026 11:11 pm •

Bitcoin gave bulls one thing they badly needed heading into a crowded inflation week: it stayed above the line everyone was watching.

The largest cryptocurrency finished the latest weekly candle near $83,700 after a 3.2% decline, but it preserved support around $82,500. A decisive break below that level could pull Bitcoin back into the broad $60,000-to-$80,000 range that contained price for much longer.

Holding it keeps the more constructive reaccumulation case alive.

Cointelegraph reported that the market is now looking past the weekly close and toward Wednesday’s Consumer Price Index report and Thursday’s Producer Price Index release. August CPI came in at 3.4% year over year.

The consensus cited in the report points to a possible