$BTC holding strong at $83,776 (+0.3%) today!
The reason? US PCE inflation came at 3.4% vs 3.7% expected, so Fed rate hike chances dropped to 41.5%. But 10-year Treasury yield at 5.3% is keeping pressure on.
Key levels to watch:
Support: $82,000 - $82,500
Resistance: $85,500 - $87,400
Spot Bitcoin ETFs still seeing inflows - $2.4B last week. Is $85K next?
What's your target for this week? Bullish or Bearish? 👇
#BTC #Bitcoin #CryptoNews
The reason? US PCE inflation came at 3.4% vs 3.7% expected, so Fed rate hike chances dropped to 41.5%. But 10-year Treasury yield at 5.3% is keeping pressure on.
Key levels to watch:
Support: $82,000 - $82,500
Resistance: $85,500 - $87,400
Spot Bitcoin ETFs still seeing inflows - $2.4B last week. Is $85K next?
What's your target for this week? Bullish or Bearish? 👇
#BTC #Bitcoin #CryptoNews