CryptoWorld News reports that 10xResearch states that Bitcoin has fallen $21,000 in the past 30 days, and this is not due to MicroStrategy. When the CPI reached 3.8% on May 12, they already considered inflation a potential resistance. Subsequently, ETF holders systematically liquidated their Bitcoin exposure. The current CPI data is crucial, and Bitcoin needs to stay below 4.0%. Their model indicates that the market has underestimated inflation and recommends close monitoring.

BTC-2.03%
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StrollingOnTheEdgeOfTheDao
· 4h ago
MicroStrategy isn't taking the blame; this one has to be the Federal Reserve's fault.
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CircuitDaydreamer
· 4h ago
This wave of ETF liquidation is really damaging; institutions are fleeing even faster than retail investors.
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GateUser-f78f1f3e
· 4h ago
The model shows an underestimation, so does that mean there's another wave?
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