Bitcoin price forecast today shows consolidation around $67K

Bitcoin price forecast today shows consolidation around $67K, with traders eyeing the upcoming US CPI data as a potential catalyst. Futures open interest is climbing, suggesting leveraged positions are building ahead of macroeconomic releases that could sway crypto sentiment. Selling pressure has intensified over the past 12 hours. During the late New York session on October 2, net Bitcoin flows from major spot exchanges climbed to over $295M, with outflows spiking above $1Bn. If price sustains above $120K , the next bullish target sits at $128K–$130K . A clean breakout through $125K could open a direct path to $140K before year-end. Conversely, failure to hold the $118K pivot would expose the market to a retracement toward $112K — a healthy reset zone for long-term positioning. Peer-to-peer market indicators support bitcoin price forecast today, revealing premium pricing in Asian exchanges. This capital flow trend aligns with prior bull phases, giving short-term traders a signal to stay long.