Analysts: Bitcoin risks sub-$80K drop or $86K rebound on CPI
- —BTSE: hot CPI sends Bitcoin below $80K, soft CPI lifts it above $86K
- —Weekly spot Bitcoin ETF outflows estimated at $681–800 million
- —September CPI due Oct. 14, PPI follows on Oct. 15
- —Average ETF investor purchase price near $84,320
Why it matters: The CPI print will shape Fed rate expectations for Oct. 28 and set Bitcoin's near-term direction.
Source: crypto.news