Bitcoin price decreases after inflation data in the United States

On March 28, a clear decline in Bitcoin price, Which lost more than 3 % after issuing new data on the PCE price index (Personal Consumption Expenses) in the United States (USA).

Renewed fear of continuous inflation worries investors and puts an important technical threshold: support in 84,000 dollars.

At the center of attention is now the market’s ability to stay above this level. The collapse can increase the sale and return to the lowest levels of the last weeks.

Analysts warn: The scenario becomes complicated for the price of bitcoin after the data of the United States of America

At the opening of the Wall Street, I arrived Bitcoin Local height From 85,500 dollars, before reflecting the path quickly and sliding to 84,500 dollars on Bitstamp, which is the lowest level per week.

PCE data in February, which are awaited impatiently, were in line with expectations on a monthly basis (+0.3 %) and the annual basis (+2.5 %).

However, the basic number, which excludes the most volatile components such as food and energy, record +0.3 %, or ten points higher than consensus.

These details, although they are hidden, have strengthened fears of recovery in Basic inflationAnd holding expectations to relieve US monetary policy.

According to the financial bulletin Copy’s message, PCE dynamics “indicate a return towards a more aggressive inflationary path.”

The team notes that even January data has been reviewed up, which represents a scenario in it Recession (A term refers to a stage of stagnant growth and high enlargement) becomes a tangible possibility during 2025.

“The following data, related to March, will be particularly decisive, in the context of making more uncertainty of geopolitical tensions and ongoing commercial war,”

It reads in the post on X-Twitter.

A decrease in BTC prices occurred in the context of renewable fluctuations. Trading Dan Tafir Trading Commenting on X that today it was formed to be “very unstable”, given the importance of the upcoming macro data.

Among the most cautious experts, Michaël Van De Poppe warned of a possible artistic deterioration. Although it maintains a moderate positive view, it highlights that the bull’s direction has become “clearly more fragile”.

According to the expert, a decisive break is less than $ 84,000 can pave the way for new tests to the range between 78,000 and 80,000 dollars.

The market cooling can be physiological

The sound outside the choir is the voice of the analyst Thekingfisher, which admits the pressure of the bear but does not link it to the signal reflection signal.

According to his analysis, we are in the midst of my typical Mediterranean coolingUseful to restore the market balance after the recent speculation.

“We are not yet in a confirmed bear. The image is closer to temporary stability, typical for the spring markets,”

Countries.

The analyst is already assumed by the municipal return saying “the sale in May and the exit”, indicating a possible hiatus of bull pressure near the summer months.

All eyes are now focused on psychological and technical support of $ 84,000. Preserve Representation and Essential To contain a wider decrease.

A possible collapse can pave the way for a quick test for the region between 78,000 and 80,000 dollars, which have not been explored for several weeks. On the contrary, it can help a recovery exceeding $ 85,000 in recovery trust short term.

Inflation, nutrition and bitcoin: sensitive triangle

Constant inflation and cautious color of the Federal Reserve remains the main external factors that affect Criptovalute.

An increase in the basic component, such as those seen in this last report, enhances a possible scenario Little interest rate discounts Expecting the second half of the year.

This, in turn, supports the dollar and works as a brake on the most dangerous assets, including bitcoin, which has benefited from lower rates and abundant liquidity in recent years.

Consequently, BTC behavior will continue to motivate the duplication between total narration and technical dynamics. In this fragile balance, the fracture of the main (or preserving) sills can determine the mood of the market for the coming weeks.