Report: Bitcoin's future price still has room for further increase

```htmlJinse Finance reported that on May 12, Matt Mena from 21Shares stated that despite the CPI report being hotter than expected, Bitcoin remains strong above the $80,000 mark, indicating further room for price appreciation in the future. “Bitcoin did not fall due to this data, which arguably tells more about the situation than the data itself—the market was prepared for the overheated numbers, digested them, and still stayed above the $80,000 support level,” Mena said. “As these macroeconomic obstacles are cleared, we may eventually see Bitcoin retest the $82,000 resistance level and head towards $85,000.” Mena added that the Senate vote on the CLARITY Act could also serve as a catalyst for the upcoming price surge, with prices possibly reaching as high as $90,000. Bitcoin fell 1.4% to $80,682.```