Bitcoin Holds Near $83K Ahead of US Core PCE and Spending Data
- —Core PCE forecast at +0.3% m/m, up from +0.2%
- —Personal spending expected at +0.8% vs +0.2% prior
- —BTC holds near $83,000 with support at $82,500–83,000
- —Bitcoin rising alongside Treasury yields would signal relative strength
Why it matters: A hot PCE print would reinforce Fed tightening expectations and could break BTC's price structure below $82,500.
Source: Coin Edition