“Bitcoin (BTC) could reach new all-time highs if US inflation slows,” says cryptocurrency analyst. “If inflation is 3.3% or lower, Bitcoin should set a new all-time high,” said Markus Thielen, chief researcher at 10x Research. This is 0.1 percentage point lower than the previous CPI figure of 3.4% on May 15. Thielen is confident that pending CPI results for May, inflows into Bitcoin ETFs will remain strong 📊 But if the CPI results are higher. expected, the momentum may weaken, as it did earlier this year."