Bitcoin's price remains rangebound between $106,500 and $111,500 as traders anticipate the release of U.S. CPI data on October 24. This data could potentially drive Bitcoin's price toward $120,000 or cause a decline to $100,000. While technical indicators suggest possible bullish patterns, the Fear & Greed index below 30 indicates a risk of breakdown. Analysts are split, with some forecasting a short-term dip and others expecting a year-end rally above $120,000.