Softer inflation sent $BTC above 85,500, but the move faded.

→ August PCE: 3.4% headline, 3.0% core (per CoinDesk)
→ $BTC $83,724, +0.4% 24h; 10Y near 5.3%

Watching next: my read is this bounce needs lower yields to hold.

What am I missing?

Opinion, not financial advice. DYOR.