🔮📉 Bitcoin's dance with US inflation data is a sight to behold! According to 10x Research, Bitcoin's price shows sensitivity to changes in the Consumer Price Index (CPI). Higher-than-expected CPI? Bitcoin goes bearish. Lower-than-expected? It's bullish time! 🐂

📊 Spot Bitcoin ETF inflows also seem to follow the CPI data releases. When inflation is lower, inflows accelerate. The past six months of BTC price against US inflation data confirms this trend.

🔜 The research predicts strong Bitcoin ETF inflows leading up to the June 12 CPI data release. If inflation prints 3.3% or lower, we might see Bitcoin hitting a new all-time high. 🚀

🤔 What do you think? Will Bitcoin continue its dance with inflation data? Let's chat in the comments! #Bitcoin #CPI #InflationData #CryptoNews