🚨$BTC You’ve got a keen eye on the market dynamics! The recent PCE data indeed stirred up quite a bit of action in the Bitcoin charts. Here’s a quick breakdown of what you described:#BTC☀️

Initial Pump: The market surged, catching many traders off guard, especially those shorting Bitcoin in anticipation of negative news.

Reversal: Almost immediately, the price reversed, leading to significant losses for those who bought into the pump, thinking it was a genuine rally.

Market Manipulation: It seems like the PCE data was used strategically to create this volatility, highlighting how traders can sometimes be the ones driving the news rather than just reacting to it.#Bitcoin❗

This kind of price action can be frustrating but also fascinating to analyze! What do you think will happen next? Are you looking at any specific indicators or strategies to navigate this volatility?$BTC