Bitcoin Short Squeeze Intensifies with Bullish CPI Outlook and Salinas' $1.5M Forecast

2025-10-20 13:00

Bitcoin's short squeeze is gaining momentum as market speculation grows around a bullish U.S. Consumer Price Index (CPI) outlook and billionaire Ricardo Salinas Pliego's prediction of a $1.5 million price peak by 2025. Institutional inflows are bolstering Bitcoin's position, with significant investments flowing into Bitcoin ETFs following recent market downturns. Analysts highlight Bitcoin's evolving narrative as 'digital gold,' driven by increasing institutional confidence and favorable market trends. This shift is further supported by the substantial capital being directed towards Bitcoin, reinforcing its status as a key asset in the digital economy.

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