According to analysts at 10x Research, headed by Markus Thielen, Bitcoin's value might hit $74,000 for the week ending June 14—a level last seen in March—thanks to a weakening US labor market.



Both the US consumer price index (CPI) (value due June 12) and the unemployment rate (data due June 7) are crucial indicators that, according to Thielen, must be published in order to validate growth.

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