Markus Thielen, the founder of 10x Research, has made a bold prediction that could have a significant impact on the cryptocurrency market. In a recent statement, Thielen stated that there is a “real possibility” of a lower CPI (Consumer Price Index) print in the United States on February 12th. This unexpected outcome could defy consensus expectations and potentially trigger a rally in the price of Bitcoin.

For those unfamiliar with the CPI, it is a measure of the average change in prices over time for goods and services purchased by households in the US. It is considered a key indicator of inflation and is closely monitored by economists and investors alike. A lower CPI print would indicate that prices are rising at a slower rate than expected, which could have a positive impact on the economy and financial markets.

Thielen’s prediction is based on his analysis of various economic factors, including the recent surge in the value of the US dollar and the potential impact of the ongoing trade war with China. He believes that these factors, combined with other market trends, could lead to a lower CPI print on February 12th.

So, what does this mean for Bitcoin? Well, according to Thielen, a lower CPI print could be a catalyst for a rally in the price of the popular cryptocurrency. This is because a lower CPI would likely lead to a decrease in interest rates, making Bitcoin a more attractive investment option. Additionally, a weaker US dollar could also drive investors towards alternative assets like Bitcoin.

Of course, Thielen’s prediction is just that – a prediction. It is impossible to know for sure what will happen on February 12th and how it will impact the cryptocurrency market. However, his insights and analysis are certainly worth considering for those interested in the world of Bitcoin and other digital currencies.

In conclusion, Markus Thielen’s bold prediction of a lower CPI print in the US on February 12th has sparked excitement and speculation in the cryptocurrency community. Whether his prediction comes true or not, it is clear that the world of Bitcoin is constantly evolving and influenced by a variety of economic factors. Only time will tell if Thielen’s foresight will prove to be accurate, but one thing is for sure – the cryptocurrency market is always full of surprises.