While Bitcoin surged to a fresh All-Time High (ATH) in March, surpassing its previous peak of $69,000, it witnessed a subsequent sharp decline. Despite the decline attributed to the selling pressure from long-term investors, the recent data suggesting a reduction in BTC's selling pressure has boosted optimistic expectations. Investors are eagerly awaiting a new ATH for BTC in the near future. Markus Thielen, the proficient founder of 10X Research renowned for his accurate forecasts, has highlighted the potential catalysts that could propel Bitcoin to a new ATH. Thielen specifically underlines the importance of the June inflation data for Bitcoin. He mentions that if the Consumer Price Index (CPI) data remains at 3.3 percent or lower, BTC is expected to achieve a new ATH. Furthermore, Thielen emphasizes the positive impact of robust spot Exchange-Traded Fund (ETF) inflows, irrespective of the US inflation data, on the price surge. He anticipates that the influx of spot Bitcoin ETF investments will remain robust leading up to the disclosure of the June CPI results. Thielen cautions that a higher-than-expected CPI data could weaken the ongoing uptrend in Bitcoin. He asserts that Bitcoin's price movements are not random but are linked to crucial drivers, with inflation being the primary influencer. Traders familiar with Bitcoin's response to CPI data are encouraged to trade confidently against the CPI trend from the previous month. If inflation maintains at or falls below 3.3 percent in June, Bitcoin stands the chance to establish a new all-time high.