According to Cas Abbé, the US Consumer Price Index (CPI) data is scheduled for release today at 8:30 AM ET, with market expectations at 2.7% year-over-year. The analysis highlights that the Truflation Inflation Index is already indicating a significant drop in inflation, suggesting the official CPI figure could also come in lower. From a trading perspective, altcoins are reportedly showing signs of strength, and a lower-than-expected CPI number could act as a powerful catalyst to 'supercharge' their upward momentum.

According to @rovercrc, analysis from Matt Mena, a crypto research strategist at 21Shares, indicates that softer-than-expected U.S. inflation data has put a Bitcoin (BTC) price of $200,000 firmly in play for year-end 2024. Mena stated that the recent Consumer Price Index (CPI) report, which showed cooling inflation, serves as a major bullish catalyst. He suggests that a convincing breakout for BTC above the $105,000-$110,000 range could trigger a rapid move to $120,000. This positive macroeconomic development, which increases the likelihood of Federal Reserve rate cuts, could accelerate Bitcoin's price trajectory significantly. Mena also noted that growing institutional adoption, impending stablecoin regulation, and increased ETF inflows are additional factors reinforcing this bullish outlook for Bitcoin.

According to @rovercrc, the recent softer-than-expected U.S. Consumer Price Index (CPI) data is a significant bullish catalyst for Bitcoin (BTC). Matt Mena, a crypto research strategist at 21Shares, stated that this development puts a $200,000 price target for Bitcoin by year-end "firmly in play." Mena suggests that a clear breakout for BTC above the $105,000-$110,000 range could lead to a swift move toward $120,000. The cooling inflation data also strengthens the case for the Federal Reserve to implement policy easing, such as rate cuts, which is typically favorable for scarce assets like Bitcoin. Separately, Vetle Lunde, head of research at K33, anticipates a potentially volatile July for BTC, driven by U.S. policy events including a proposed expansionary budget bill and tariff deadlines. However, Lunde notes that leverage in the crypto market remains contained, which favors a strategy of maintaining spot exposure.

According to @Pentosh1, softer-than-expected U.S. inflation data has put a Bitcoin (BTC) price of $200,000 by year-end 'firmly in play,' a view highlighted by 21Shares analyst Matt Mena. The U.S. Labor Department reported that the Consumer Price Index (CPI) rose just 0.1% last month, below the 0.2% forecast, which has increased trader expectations for Federal Reserve rate cuts this year. Mena suggests that if BTC breaks the $105K-$110K range, it could move to $120K and potentially hit $138.5K by the end of summer. The market rebound, with BTC trading near $109,429, was also supported by a new U.S.-Vietnam trade deal and the strong launch of the REX-Osprey Solana + Staking ETF (SSK). However, Vetle Lunde of K33 research warns that July could be a volatile month for crypto due to looming U.S. fiscal policies and tariff deadlines, though he notes that contained market leverage favors maintaining spot exposure.

According to Matt Mena, a crypto research strategist at 21Shares, the recent softer-than-expected U.S. inflation report is a significant bullish catalyst that could propel Bitcoin (BTC) to $200,000 by the end of the year. Mena stated that if current momentum continues, this year-end target is 'now firmly in play.' He also noted that a decisive breakout above the $105,000-$110,000 resistance level could trigger a rapid move to $120,000. Mena explained that cooling inflation, as shown by the latest Consumer Price Index (CPI) data, strengthens the case for the Federal Reserve to implement rate cuts, an environment in which Bitcoin is 'built for.' This positive macroeconomic signal, combined with growing institutional adoption and clearer stablecoin regulation, is expected to accelerate capital flows into Bitcoin ETFs.

According to @rovercrc, a softer-than-expected U.S. inflation report is a significant bullish catalyst that could propel Bitcoin (BTC) to a price of $200,000 by the end of the year, a view held by Matt Mena, a crypto research strategist at 21Shares. Mena stated that if BTC convincingly breaks the $105K-$110K range, it could see a sharp move to $120K and potentially reach a $138.5K target by the end of summer. The favorable Consumer Price Index (CPI) data has led traders to price in approximately two 25 basis point rate cuts from the Federal Reserve this year. Adding to the bullish sentiment, a report from Coinbase Research highlights a constructive outlook for the second half of the year, driven by an improving macroeconomic environment, growing institutional adoption under new accounting rules, and advancing regulatory clarity through bills like the GENIUS Act and CLARITY Act. Coinbase Research suggests that while Bitcoin is positioned to benefit from these macro and structural tailwinds, the performance of altcoins will likely depend on specific catalysts such as ETF approvals or protocol developments.

According to @rovercrc, recent softer-than-expected U.S. inflation data has significantly improved the outlook for Bitcoin (BTC), with some analysts now seeing a $200,000 price by year-end as "firmly in play." Matt Mena, a strategist at 21Shares, stated that the cooling Consumer Price Index (CPI) strengthens the case for Federal Reserve policy easing, with traders now pricing in approximately two rate cuts this year. Mena suggests that if BTC breaks the $105K-$110K range with conviction, it could move to $120K and potentially hit a $138.5K target by the end of summer. Additional bullish factors cited include a record U.S. M2 money supply, warnings from Bridgewater Associates founder Ray Dalio about rising U.S. debt levels, and positive historical seasonality for Bitcoin in July. These converging macroeconomic tailwinds are creating an environment where, as Mena noted, institutional confidence and ETF inflows could accelerate.

According to @rovercrc, a softer-than-expected U.S. Consumer Price Index (CPI) report is a significant bullish catalyst for Bitcoin (BTC), with Matt Mena of 21Shares stating a $200,000 price target by year-end is 'now firmly in play.' Mena noted that cooling inflation strengthens the case for the Federal Reserve to ease policy, which, combined with institutional adoption, could supercharge ETF inflows. Despite BTC trading above $100,000, NYDIG Research highlights that its volatility has trended lower, creating a unique trading environment. NYDIG suggests this decline makes both call options for upside exposure and put options for downside protection 'relatively inexpensive,' offering a cost-effective way for traders to position for potential market-moving events in July.

According to @StockMKTNewz, a crypto research strategist from 21Shares, Matt Mena, suggests that softer-than-expected U.S. inflation data has put a $200,000 price target for Bitcoin (BTC) 'firmly in play' for the end of the year. The report cites Mena stating that the recent Consumer Price Index (CPI) print, which came in lower than economists' forecasts, may serve as a major bullish catalyst for the asset. This cooling inflation data has prompted traders to price in approximately two 25 basis point rate cuts from the Federal Reserve this year, with a high probability of a cut by September, as noted in the report. Mena also explained that this macroeconomic tailwind is compounded by other bullish factors like accelerating institutional adoption, impending stablecoin regulation, and growing Bitcoin treasury programs, all of which could supercharge ETF inflows. The analyst also noted that a convincing breakout for BTC above the $105,000-$110,000 range could trigger a sharp move to $120,000.

According to @rovercrc, softer-than-expected U.S. inflation data has significantly boosted the outlook for Bitcoin (BTC), with a year-end price target of $200,000 now considered 'firmly in play' by Matt Mena, a crypto research strategist at 21Shares. The report showed the consumer price index (CPI) rose just 0.1% last month, below the 0.2% forecast, strengthening the case for Federal Reserve policy easing. Mena stated that if BTC breaks above the $105K-$110K range, a sharp move to $120K could follow, potentially accelerating the path to their initial year-end target of $138.5K. Further catalysts include institutional adoption and upcoming stablecoin regulation. Separately, Vetle Lunde, head of research at K33, anticipates a volatile July for BTC, driven by potential U.S. policy events such as a new budget bill and tariff deadlines. However, Lunde noted that crypto market leverage remains contained, reducing the risk of a major deleveraging event.

According to @rovercrc, Bitcoin (BTC) is positioned for significant gains, with a year-end price target of $200,000 now considered 'firmly in play' by some analysts following softer-than-expected U.S. inflation data. Matt Mena, a crypto research strategist at 21Shares, stated that the recent Consumer Price Index (CPI) report could be a major bullish catalyst, potentially accelerating BTC's move to $120,000 if it breaks the $105,000-$110,000 range. The analysis is supported by several macroeconomic factors, including record highs in U.S. equity markets, a surging U.S. M2 money supply, and growing concerns over government debt, as highlighted by Ray Dalio. These conditions, combined with traders now pricing in approximately two Fed rate cuts this year, are expected to drive capital into risk assets like Bitcoin, reinforcing its role as a hedge against inflation and currency debasement. At the time of the report, BTC was trading around $107,755.

According to @rovercrc, the softer-than-expected U.S. inflation data has significantly increased the probability of Bitcoin (BTC) reaching $200,000 by the end of the year, as stated by Matt Mena, a crypto research strategist at 21Shares. Mena suggests that the cooling Consumer Price Index (CPI) print could be a major bullish catalyst, potentially accelerating BTC's price targets; he noted that a breakout above the $105K-$110K range could lead to a sharp move to $120K. The favorable inflation data has also led traders to price in nearly two 25-basis-point rate cuts from the Federal Reserve this year, creating a positive environment for risk assets. Mena also highlighted other bullish factors like institutional adoption and upcoming stablecoin regulation. Despite the positive long-term outlook for Bitcoin, the broader crypto market is showing short-term signs of fatigue, with major altcoins like Dogecoin (DOGE), Solana (SOL), and Ether (ETH) experiencing profit-taking near local resistance levels. Other analysts, such as Augustine Fan of SignalPlus and Jeffrey Ding of HashKey Group, concur that the macro environment is constructive, citing the success of recent crypto-related IPOs and the trend of corporations adding BTC to their treasuries as positive signals.

According to @rovercrc, the prospect of Bitcoin (BTC) reaching $200,000 by the end of the year is now 'firmly in play,' as stated by Matt Mena, a crypto research strategist at 21Shares. This bullish outlook follows a softer-than-expected U.S. Consumer Price Index (CPI) report, which showed inflation cooling and has increased trader expectations for Federal Reserve rate cuts this year. Mena suggests that if BTC breaks the $105K-$110K range with conviction, it could rapidly move to $120K and potentially hit $138.5K by the end of summer. The report also highlights a cultural shift noted by Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, who describes owning one full Bitcoin—becoming a 'wholecoiner'—as the 'new American dream' for younger generations seeking financial sovereignty. From a technical standpoint, BTC has demonstrated resilience by holding the critical $104,000–$105,000 support zone and is currently trading around $109,433, showing consolidation that suggests potential for further upside.

According to @rovercrc, who highlights analysis from 21Shares and Coinbase Research, a softer-than-expected U.S. inflation report is a major bullish catalyst for Bitcoin (BTC). Matt Mena, a strategist at 21Shares, stated that a $200,000 price for Bitcoin by year-end is now 'firmly in play' following the favorable Consumer Price Index (CPI) data. Mena also noted an intermediate target of $138,500 could be reached by the end of summer. This sentiment is echoed by a Coinbase Research report, which points to an improving macroeconomic backdrop, expected Federal Reserve rate cuts, and increasing regulatory clarity as key drivers for a constructive crypto market in the second half of the year. The report also highlights that while corporate adoption of crypto is growing, altcoins may lag behind Bitcoin unless they benefit from specific catalysts like ETF approvals. At the time of the report, Bitcoin (BTC) was trading around $108,440.

According to @rovercrc, a softer-than-expected U.S. inflation report has significantly increased the probability of Bitcoin (BTC) reaching new highs. The analysis, sourced from Matt Mena at 21Shares, suggests that a $200,000 price for Bitcoin by the end of the year is now 'firmly in play.' Mena's forecast indicates that the favorable Consumer Price Index (CPI) data acts as a major bullish catalyst. Key trading levels to watch include a breakout above the $105,000-$110,000 range, which could trigger a rapid move to $120,000. The report also notes that cooling inflation strengthens the case for Federal Reserve policy easing, with traders now pricing in approximately two rate cuts this year. This macro environment, combined with increasing institutional adoption and potential stablecoin regulation, is expected to accelerate capital flows into Bitcoin.

According to @AltcoinGordon, a softer-than-expected U.S. inflation report has significantly boosted the outlook for Bitcoin (BTC), with one analyst now seeing a path to $200,000 by the end of the year. Matt Mena, a research strategist at 21Shares, stated that the recent Consumer Price Index (CPI) data, which showed a smaller increase than economists forecasted, could serve as a major bullish catalyst. Mena explained that this cooling inflation strengthens the case for the Federal Reserve to implement policy easing, with traders now pricing in approximately two rate cuts for this year. He noted that if BTC momentum continues, driven by factors like institutional adoption and clearer stablecoin regulation, the price could surge. Separately, the Financial Times reported that influencer Anthony Pompliano is set to become CEO of ProCapBTC, a new investment vehicle planning to raise $750 million to acquire large amounts of bitcoin, signaling growing institutional confidence and capitalizing on a perceived pro-crypto political environment in the U.S.

According to @rovercrc, softer-than-expected U.S. Consumer Price Index (CPI) data is acting as a significant bullish catalyst for Bitcoin (BTC), putting a $200,000 price target by year-end 'firmly in play,' as stated by 21Shares strategist Matt Mena. The cooling inflation report strengthens the case for Federal Reserve policy easing, with traders now pricing in approximately two rate cuts this year. Mena also highlighted that a breakout above the $105K-$110K range could accelerate the move to a summer target of $138.5K. Complementing the macroeconomic outlook, technical analysis from Omkar Godbole shows the Bitcoin-to-Gold price ratio has surged over 10%, breaking out of a bull flag pattern. This technical development signals a likely continuation of the rally and has historically correlated with sharp uptrends in BTC's dollar price.

According to @KobeissiLetter, analysis from Matt Mena of 21Shares suggests that a softer-than-expected U.S. inflation report is a major bullish catalyst for Bitcoin (BTC), putting a $200,000 price target by year-end 'firmly in play.' The Consumer Price Index (CPI) rose just 0.1% last month against a 0.2% forecast, strengthening the case for Federal Reserve rate cuts this year, as cited by Mena. This macro tailwind, combined with factors like renewed institutional confidence and potential sovereign adoption, could supercharge ETF inflows. Mena also outlined a shorter-term path where a breakout above the $110,000 range could lead to $120,000. In a contrasting development, a recent auction of 10-year U.S. Treasury notes showed strong demand, outstripping supply by over 2.5 times according to Exante Data, which could temper the narrative of investors fleeing U.S. debt for assets like Bitcoin.

According to @cas_abbe, a softer-than-expected U.S. Consumer Price Index (CPI) report is a significant bullish catalyst for Bitcoin (BTC), making a $200,000 price by year-end a distinct possibility. Matt Mena, a crypto research strategist at 21Shares, stated that the cooling inflation data could accelerate BTC's gains, potentially bringing the firm's $138.5K year-end target forward to the end of summer, as cited in the report. Mena further noted that if momentum continues, a surge to $200K is "firmly in play." The favorable CPI print has led traders to price in approximately two 25-basis-point Fed rate cuts for the year, strengthening the case for policy easing. Mena also highlighted other catalysts, including sovereign and institutional adoption and upcoming stablecoin regulation, which could "supercharge ETF inflows" and boost Bitcoin's role in global portfolios.

According to @rovercrc, analysis from 21Shares' crypto research strategist Matt Mena indicates that softer-than-expected U.S. inflation data has put a $200,000 Bitcoin (BTC) price target by year-end 'firmly in play.' Mena's analysis, as reported in the source, highlights that cooling inflation increases the probability of Federal Reserve rate cuts, a major bullish catalyst for BTC. The report suggests that a breakout above the $110,000 level could lead to a rapid move to $120,000. This positive macro environment, coupled with increasing institutional adoption and favorable regulation, is expected to supercharge ETF inflows and drive Bitcoin's price higher.