US CPI Report Today: Will Bitcoin Price Fall Below $72K or Recover?

US CPI expectations could decide whether Bitcoin rebounds or faces another wave of selling. Markets expect October headline CPI to rise 0.3% month over month from September. Bitcoin remains below $75,000 as traders see $72K as next major price zone to watch. The U.S. Consumer Price Index (CPI) report lands today as Bitcoin struggles to stay above $74,000. BTC is down from around $81,195 at the start of November. Even U.S. spot Bitcoin ETFs have recorded $2.20 billion in net outflows since the beginning of the month.