Bitcoin Price Analysis – BTC Could Rebound to $75K, but CPI Data Puts $50K at Risk

Highlights:

• Bitcoin rebounds 1.33% as volumes surge 27.69%, a pointer to renewed buying after last week’s selloff.
• June 10 CPI data could trigger further Bitcoin weakness if inflation exceeds market expectations.
• Bitcoin remains below the $65,768 resistance, with treasury selling risks threatening another move toward $50,000.

Bitcoin (BTC) has made a slight rebound in the last 24 hours after heavy selling last week. When writing, Bitcoin was trading at $63,105.07, up 1.33% intraday. Bitcoin trading volumes are also on the rise, up 27.69% to stand at $35.34 billion. The rising volume alongside the price suggests bullish sentiment is returning intraday, and BTC could make further gains. Several factors support a short-term rebound in Bitcoin.

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Bitcoin Rebounds as It Enters Oversold Territory

The key factor driving the Bitcoin rebound is the fact that it had entered oversold territory. On Friday, June 5, Bitcoin was already deep in the red, and any selloff from that point appeared to be a hunt for deep liquidity. As such, traders expected a rebound and likely began buying in large numbers. 

The result is Bitcoin’s price rebounding today. If the technical rebound gains momentum as investors perceive this as the bottom, Bitcoin could experience a relief rally that erases most of its recent losses. However, the rebound does not mean that the selloff is over. Overall, Bitcoin’s trajectory remains bearish, and multiple risks could push it lower in the short- to medium-term.

Stop asking if we are in a bear market.

Yes, the cryptocurrency market is structurally locked in a severe technical bear market, and a broader mid-term bear cycle is actively playing out.

While traditional stock markets hit new all-time highs, crypto has decoupled entirely.…

— Anndy Lian (@anndylian) June 8, 2026

Upcoming US CPI Data Could Push Bitcoin Lower 

The biggest risk to Bitcoin is the upcoming CPI data on June 10. Multiple forecasts are already hinting at higher-than-expected inflation for May and year-over-year. This partly explains the selloff across markets that happened on Friday, June 5.

If the numbers come out high, Bitcoin could be headed for further correction that could send it to prices as low as $50k in the short term. Part of the reason Bitcoin has remained weak for much of 2026 is the relatively high-interest-rate environment. As such, high inflation would mean interest rates would remain weak. 

Corporate Treasury Selloff Risks Could Add to Downside Pressure

Bitcoin is also being affected by Strategy’s recent decision to sell 32 Bitcoins to fund preferential dividend payments. While this was a tiny fraction of Strategy’s Bitcoin holdings, it shows that Bitcoin treasuries now holding vast amounts could pose a risk to the market. That’s because if illiquid balance sheets force them to sell Bitcoin to fund liabilities, they could flood the market with BTC.

Andrei Grachev from DWF Labs just dropped a serious warning on X: Strategy (ex-MicroStrategy) and BitMine are sitting on such massive $BTC and $ETH bags that forced selling from either could trigger the biggest crypto crash in history.

He’s not calling for it, just asking… pic.twitter.com/HBJWiVlOIJ

— Robert 🍌 (@iR0bertt) June 8, 2026

Such risks are currently elevated due to the correction below $70k, which is the average buying price for the average holder. As such, it is not inconceivable that companies facing liabilities and margin calls could be forced to sell. Then there is the regulatory aspect. There are many expectations for the Clarity Act as the catalyst for a solid market rebound. However, if it does not occur within the timelines markets are expecting, Bitcoin could be headed for a further short-term correction. 

Technical Analysis – Bitcoin Still Below Key Support Despite Rebound

Despite the intraday rebound, Bitcoin is still trading below, $65,768 a support level that has now become resistance. If bulls push Bitcoin through this price level, a rally to $75,527 could follow. However, if bears regain control, the key level to watch is the multi-month low at $59,960.

If Bitcoin pushes through this price level, panic selling is likely to return. In such a case, Bitcoin could drop to $50k, or even lower. Of these scenarios, a correction through $59,960 is more likely. That’s because of the risk of more corporate selloffs and the possibility that high inflation could prompt capital to exit non-yield-bearing risk-on assets more aggressively.

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