Bitcoin falls below $74,000 after hotter-than-expected CPI

The move is a macro reaction, not a crypto-native one: an upside CPI surprise resets rate expectations, and bitcoin is trading as a high-beta risk asset rather than a hedge. The levels analysts are citing matter less than the fact that they are being cited at all — it shows the market is leaning on technical markers in the absence of a fundamental catalyst. Whether $73,000 holds, and whether the CPI print shifts the broader rate narrative, is the open question.