Bitcoin's price has dipped slightly to around $68,000, down 1% on the day.

Altcoins are experiencing larger losses, with the overall market capitalization at $2.68 trillion.

Bitcoin has been relatively flat for the past two weeks and is down 7.7% from its mid-March all-time high.

Veteran trader Peter Brandt emphasizes the need for Bitcoin to break above its 2021 highs of over $64,000 to confirm a bullish trend.

A pricing model predicts strong Bitcoin ETF inflows leading up to the June 12 CPI data release.

Potentially pushing Bitcoin to new all-time highs if inflation remains low.

Traders can use the correlation between Bitcoin ETF inflows and CPI data to make informed trading decisions.

Inflation is no longer a concern and may become a tailwind for Bitcoin as the summer progresses.

Potential for new highs if inflation remains at or below 3.3%.

Investors are advised to conduct thorough research before making any investment decisions in the volatile crypto space.