• Bitcoin price remains rangebound ($106.5K-$111.5K) with Halloween approaching.
• The critical Oct 24 U.S. CPI data is seen as the trigger for a Bitcoin $120K Halloween target or a $100K dip.
• Technicals show potential bullish patterns, but Fear & Greed index (< 30) signals breakdown risk.

Bitcoin (BTC) price remains locked in a tight consolidation range between roughly $106,500 and $111,500 the past few days. With Halloween just over a week away, traders question whether the historical “Uptober” strength can materialize into a pre-holiday surge towards $120,000, or if the upcoming U.S. CPI inflation data on October 24 will trigger an inevitable dip towards $100,000 support.

The fear and greed index has dropped below 30, suggesting crypto traders are fearing further midterm capitulation. 

Related: Bitcoin Price Prediction: BTC Consolidates as Traders Await Breakout …

Read The Full Article CPI Data Holds Key to Bitcoin’s Halloween Fate: $120K Surge or $100K Dip? On Coin Edition.

• Bitcoin price remains rangebound ($106.5K-$111.5K) with Halloween approaching.
• The critical Oct 24 U.S. CPI data is seen as the trigger for a Bitcoin $120K Halloween target or a $100K dip.
• Technicals show potential bullish patterns, but Fear & Greed index (< 30) signals breakdown risk.

Bitcoin (BTC) price remains locked in a tight consolidation range between roughly $106,500 and $111,500 the past few days. With Halloween just over a week away, traders question whether the historical “Uptober” strength can materialize into a pre-holiday surge towards $120,000, or if the upcoming U.S. CPI inflation data on October 24 will trigger an inevitable dip towards $100,000 support.

The fear and greed index has dropped below 30, suggesting crypto traders are fearing further midterm capitulation. 

Related: Bitcoin Price Prediction: BTC Consolidates as Traders Await Breakout …

Read The Full Article CPI Data Holds Key to Bitcoin’s Halloween Fate: $120K Surge or $100K Dip? On Coin Edition.