📊 QCP Asia: Tuesday’s CPI could decide if #BTC breaks ATH

BTC has surged past $122K, erasing last week’s drop, while ETH is up 21% in 7 days, topping $4.3K for the first time since 2021.

QCP notes BTC’s correlation with US equities remains high — a softer CPI could boost odds of a September Fed rate cut.

Sentiment stays bullish, but traders are still hedging downside risks. Key question: Can institutional inflows & spot ETF demand push BTC through major resistance?

#Bitcoin #Ethereum #CryptoMarkets