The PCE (Personal Consumption Expenditures) index is coming up, and it's not just economists who are paying attention. Bitcoin ($BTC) traders should be too! This inflation gauge can significantly influence market sentiment and, consequently, Bitcoin's price. If the PCE numbers exceed expectations, it could reinforce the narrative of "higher for longer" interest rates, putting downward pressure on $BTC. On the other hand, if the data suggests inflation is moderating, we could see a surge in $BTC as investors become more optimistic. Remember, correlation doesn't equal causation, but the market often reacts to these macro data points. So, stay informed and be prepared for potential price swings. #PCEInflationWatch$BTC
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