Bitcoin shrugging off high inflation? Here’s why. Despite US inflation hitting a 3-year high, Bitcoin has shown resilience. This is significant because generally, high inflation erodes purchasing power, making traditional assets less attractive. Bitcoin's ability to maintain its value, and even rise, during such times highlights its growing role as a hedge against economic uncertainty. It suggests some investors are increasingly viewing BTC as "digital gold," a safe haven when fiat currencies weaken. However, $BTC is facing strong technical resistance levels. This means there are price points where many sellers are likely to appear, potentially pushing the price down. A dip below $60,000 in June is a possibility if these resistance levels prove too strong to break. This pullback could be a natural market correction after a strong run. This counter-intuitive price action for $BTC could indicate a decoupling from traditional market sentiments. While many assets might struggle with inflation, Bitcoin's unique characteristics are attracting capital. Keep an eye on its ability to overcome these technical hurdles; it will be a key indicator for its short-term trajectory. Also, look at...