October 1st 2026, 7:28 AM
Bitcoin Price Guidance Post-PCE Data
Key Summary
Bitcoin trades at $84,300 after softer PCE data briefly lifted BTC above $85,000. Key support, resistance, Treasury yields, and catalysts to watch.
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Market Analysis
Bitcoin trades at $84,300 after softer PCE data briefly lifted BTC above $85,000. This sudden price increase caught many off guard, and the market is now waiting to see how the current price holds up.Key Support and Resistance
Key support levels include $82,000 and $80,000, while resistance levels are at $86,000 and $88,000. These levels will be crucial in determining the direction of the price move.Treasury Yields and Catalysts
Treasury yields are currently at 4.75%, and this could have an impact on the price of Bitcoin. Additionally, catalysts such as the upcoming FOMC meeting and the SEC's stance on Bitcoin will also be watched closely.#Bitcoin#US#Crypto#PCE