Bitcoin set for explosive growth as inflation cools – $200k in sight?

The post Bitcoin set for explosive growth as inflation cools – $200k in sight? appeared on BitcoinEthereumNews.com.

U.S. inflation rose just 0.1% in May, easing market fears but staying above the Fed’s 2% target. Technical analysis showed that Bitcoin was likely to leap higher. The recent inflation news was a slight positive for the market. The Consumer Price Index (CPI) rose by 0.1% for the month of May, and the annual inflation rate was 2.4%. Core CPI—which strips out food and energy—also increased 0.1%, landing below forecasts of 0.3%. Year-on-year, Core CPI stood at 2.8% against the 2.9% estimate. Interestingly, apparel prices, which were expected to jump due to tariffs, saw a decline instead. It marked the fourth straight month of cooler-than-expected inflation. Still, with inflation holding above the Fed’s 2% target, rate cuts remained off the table, despite political pressure from President Trump. Can Bitcoin rally to $200k? There were plenty of uncertainties when gauging the potential top for BTC, and what events could shape its run in the coming months. With tariffs, even predictions in the short term were extremely tricky. Source: BTC/USDT on TradingView Technical analysis showed that the long-term prospects of Bitcoin were bullish. On the weekly chart, the price was above the 20 and 50-week moving averages. That alone kept long-term momentum intact. Its OBV moved past the December 2025 high, signaling steady buying volume after the retracement in March and April. The CMF agreed and climbed above the +0.05 mark to indicate heavy capital inflows. The price action showed a bullish structure, with the price making a new high past the previous weekly close high at $104.4k. This was a sign that the swing structure was bullish. The fair value gap (cyan) at $98k-$100.7k was a key demand zone that was tested earlier in June. But here’s the danger zone… Source: BTC/USDT on TradingView The momentum was bullish on the daily…