#PCEMarketWatch

Bitcoin Reaction 🚀

📰 PCE (Personal Consumption Expenditures) is the Fed’s preferred inflation gauge.

📉 When PCE data comes in lower than expected → the Fed may pause or cut interest rates

💵 This often drives capital into risk assets like Bitcoin, stocks, and gold.

🧠 How Bitcoin Reacts:

✅ Low PCE = Rate cut expectations → BTC 🟢

❌ High PCE = Prolonged rate hike fears → BTC 🔴

🔍 Example – Recent BTC Chart Movement:

• 📉 Before PCE report → BTC consolidates inside a Falling Wedge

• 📈 After lower-than-expected PCE → BTC breaks out above resistance with rising volume

• 📊 This confirms short-term bullish momentum (as long as price holds above 104,000 USDT)

🎯 Key Levels to Watch:

• 📍 Support Zone: 104,000 USDT

• 🎯 Target Zone: 110,000 – 114,000 USDT (based on measured move from wedge breakout)

• 🛑 If PCE rises again next month → BTC could face downside pressure

📌 Summary:

The recent PCE print came in soft, triggering a bullish breakout from BTC’s Falling Wedge 🟢

If inflation continues to cool and the Fed pivots dovish, BTC may resume a strong upward trend.

📍 Always combine macro signals with solid technical setups. Don’t trade the news blindly.