Markus Thielen of 10x Research sees “real possibility” to print a decrease in the consumer price index in the United States on February 12, which may challenge the expectations of consensus and lead to the Bitcoin gathering.
The encryption analyst says that the encryption market does not expect any change in the consumer price index in the next United States, but there can be a lower print and can lead to an increase in the Bitcoin price.
“There is a real possibility to print less, which can ignite another attempt to gather,” 10x Marcus Thynin Research Head of February 11 said.
Thynin said that most market participants expect a 2.9 % inflation rate on an annual basis (YOY) in the US Statistical Office report on February 12.
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