10x Research: If the inflation rate is 3.3% or lower, Bitcoin may reach an all-time high

ChainCatcher news, 10x Research stated in its latest market analysis report that while the market generally expects the inflation data on May 15 to be disappointing again, our model predicts a slight decrease in inflation data. When modeling inflation for the next two months, it may hover at similar levels before a downward trend emerges. If the inflation data is 3.3% or lower, Bitcoin should reach an all-time high.

This should continue to provide "fuel" for funding allocations and price support for Bitcoin spot ETF investors. According to our model, inflation is no longer a concern. It is not only transforming into a moderately strong favorable factor, but as we approach the end of summer, it may turn into a stronger driving force, as our model predicts inflation will decline.