#BTCBreaks110K 🚀 #bitcoin Update: CPI‑powered rally to new highs ahead?
"May CPI at 2.4% YoY (vs 2.5% expected) means a Fed rate‑cut runway opening, fueling risk appetite. BTC just broke out above $109K, approaching its all‑time high near $112K, backed by:$BTC $ETH
📉 Lower inflation = potential rate cuts
🎯 Technicals in breakout mode: above 50‑day EMA & FVG support
😎 Macro tailwinds: US‑China trade easing + strong institutional flows
📊 Funding rates now negative, historically preceding rallies
—Next target: $112K+
#BTCBreaks110K #CryptoRoundTableRemarks
