👀 Bitcoin Is Below $84K - Today’s PCE Could Decide What Comes Next $BTC is sitting around $83.7K ahead of today’s U.S. PCE inflation report - one of the Fed’s preferred inflation gauges. The timing matters because September’s oil rally has already pushed rate expectations higher, with Brent above $103 and long-term Treasury yields recently reaching levels not seen since 2002. 📉 There’s also some cooling underneath the Bitcoin rally. CryptoQuant estimates spot demand has fallen by roughly 170,000 BTC over the past 30 days, while growth in futures demand has dropped 90% since September 14. So today I’d watch more than the PCE number itself: Treasury yields, the dollar and how $BTC reacts after the release. A hotter reading could keep pressure on risk assets, while softer inflation would change that setup pretty quickly. Small side note since I’m already watching several markets together: WhiteBIT’s TradFi pairs are now available on TradingView, so things like gold, oil, stocks and index-linked instruments can sit alongside crypto in the same charting setup - pretty convenient on macro days like this. For me, $84K is less interesting than the reaction around it. If buyers return despite tighter macro conditions, that says much more than simply touching the level again. Source: CoinDesk Not financial advice. Always DYOR. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
