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10x Research CEO: Bitcoin Falls 3% If U.S. CPI Data Released Tonight Is 3.5%

10x Research CEO: Bitcoin Falls 3% If U.S. CPI Data Released Tonight Is 3.5%

Bitget2024/06/12 11:32
BTC+0.32%XOLDTOKEN0.00%

Markus Thielen, CEO of 10x Research, said on the X-Platform that the U.S. CPI data will be released today at 20:30 GMT, and that if the CPI comes in at 3.5%, Bitcoin will fall 3%; if the CPI comes in at 3.4%, Bitcoin will rise 1%; if the CPI comes in at 3.3%, Bitcoin will rise 4%; if the CPI comes in at 3.2%, Bitcoin will rise 5% and is expected to rebound to $72,000 next week. If the CPI is 3.3 percent, Bitcoin is up 4 percent; if the CPI is 3.2 percent, Bitcoin is up 5 percent, and is expected to rally to $72,000 next week.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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