10x Research expects the ATH price of BTC to update next week and rally. Company analyst Markus Thielen:
“We are bullish on Bitcoin. On May 21, we wrote: Bitcoin: Multiple Buy Signals Activated, Don't Miss It. On May 26, we predicted: “Is Bitcoin a new all-time high coming?” Our May 30 report, "Inflation is Bitcoin's MAJOR Driver," provided a compelling thesis for the upcoming rally."
This all sounds like corralling hamsters into position. But next week, June 12, two important events will happen in the US for#BTCand risk asset markets in general - new data on US consumer inflation will be released and the US Federal Reserve will announce its decision on the interest rate. And both events will be positive for risk asset markets - this could indeed be a catalyst for#BTCgrowth. Moreover, the price chart as of now is “for” the ATH update.
