The post Bitcoin Breaks Inverted Flag Support as Macro Uncertainty Weighs on Price appeared on BitcoinEthereumNews.com.

The Bitcoin price gave a decisive breakout from the support trend of an inverted flag pattern. November Core inflation is projected to hold near 3.0% year over year, in line with September levels. The daily relative strengths index (RSI) are 37% accentuates a bearish sentiment among market participants for prolonged downtrend. The pioneer cryptocurrency Bitcoin recorded a 1.75% drop during Wednesday U.S. market hours to trade at $85,900. The selling pressure emerged amid broader market uncertainty surrounding the upcoming interest rate decision by the Bank of Japan. As crypto participants wait for the next inflation measure— Core CPI data— the Bitcoin price loses key technical support, signaling a risk for prolonged correction. U.S. Jobless Rate Hits Four-Year High as Markets Await Key Inflation Data Recent labor statistics released for November 2025 show that the jobless rate was at 4.6 percent, the highest rate in more than four years. Nonfarm employers added 64,000 positions, a small increase after a large decline of 105,000 the month before, affected by federal workforce cuts related to previous buyouts and operating pauses. These figures reflect a deceleration of hiring momentum with gains being concentrated in industries such as health care and construction and losses in transportation, warehousing, and government positions. Broader measures of underutilization of labor also edged upward. Futures trading data from the CME FedWatch platform currently reflects 24.4 percent for a 25 basis point decrease in interest rates at the January 2026 policy meeting, reflecting adjusted expectations for monetary easing in the face of continued economic moderation. Market focus is now shifting to the CPI numbers for November due to be released on December 18, 2025. Forecasts peg the core measure (excluding food and energy) to stand at about 3.0 percent year-on-year, which would be in line with the September reading following 3.1…

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Filed under: News - @ December 18, 2025 4:23 am