Bitcoin Rally Potential: 10x Research Sees Positive CPI Impact

10x Research predicts a steady CPI growth of 2.4% year-over-year for April, according to Odaily. Markus Thielen, founder of 10x Research, suggests that if this prediction holds true, the market may view the inflation report positively. According to Thielen, unless unexpected negative tariff news emerges, the upcoming CPI data might act as a catalyst for Bitcoin’s price increase. He believes the favorable CPI data could potentially propel Bitcoin prices even higher.