Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough
Bitcoin is trading below $75,000 as traders await October U.S. CPI inflation data. Analysts caution that any inflation relief may be temporary and that a durable recovery hinges on better liquidity and renewed spot ETF demand rather than a single macro print. The setup matters because a soft CPI could spark a short-lived bounce, while weak ETF flows would keep pressure on price.