#BTC Update: Market Watching PCE Inflation Data
Bitcoin ($BTC )remains volatile as traders anticipate the upcoming PCE inflation report, a key indicator for the Fed’s next move on interest rates. A higher-than-expected inflation reading could trigger rate hike fears, pressuring BTC, while lower inflation may boost risk appetite and drive prices higher.
With macro uncertainty in play, traders should watch support and resistance levels, manage risk with stop-losses, and stay updated on Fed signals. Will BTC break out or face resistance? Stay tuned for market reactions.#bitcoin #crypto #PCEInflationWatch #BTC