🚨 BITCOIN HITS A 2-MONTH LOW — IS MORE PRESSURE COMING?
Bitcoin recently dropped to around $73,708, while US spot Bitcoin ETFs recorded approximately $1.28 billion in weekly outflows during November 2–6.
📉 Institutional demand remains under pressure.
🇺🇸 The next major catalyst is the US CPI inflation report on November 10.
📊 Investors will be watching inflation data for clues about the Federal Reserve's next move.
What's next for Bitcoin?
1️⃣ CPI brings relief and BTC rebounds.
2️⃣ Hot inflation creates more selling pressure.
Share your thoughts below! 👇
Follow Crypto With Kumail for daily crypto updates.
Educational content only. Not financial advice.
#bitcoin #BTC #BinanceSquare #CryptoNews #BitcoinETF
Bitcoin recently dropped to around $73,708, while US spot Bitcoin ETFs recorded approximately $1.28 billion in weekly outflows during November 2–6.
📉 Institutional demand remains under pressure.
🇺🇸 The next major catalyst is the US CPI inflation report on November 10.
📊 Investors will be watching inflation data for clues about the Federal Reserve's next move.
What's next for Bitcoin?
1️⃣ CPI brings relief and BTC rebounds.
2️⃣ Hot inflation creates more selling pressure.
Share your thoughts below! 👇
Follow Crypto With Kumail for daily crypto updates.
Educational content only. Not financial advice.
#bitcoin #BTC #BinanceSquare #CryptoNews #BitcoinETF
