BREAKING

Bitcoin (BTC) Trades in a Narrow 91k–95k Range as US PCE Data Shapes Fed Rate-Cut Bets

BTC

BTC/USDT

$66,852.00
+4.70%
24h Volume

$17,197,313,747.21

24h H/L

$67,292.15 / $63,678.83

Change: $3,613.32 (5.67%)

Long/Short
59.5%
Long: 59.5%Short: 40.5%
Funding Rate

-0.0003%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$66,312.00

-0.03%

Volume (24h): -

Resistance Levels
Resistance 3$70,997.53
Resistance 2$68,191.60
Resistance 1$66,365.63
Price$66,312.00
Support 1$66,179.19
Support 2$64,129.13
Support 3$61,834.89
Pivot (PP):$66,339.09
Trend:Downtrend
RSI (14):43.8

COINOTAG News reports that the U.S. will release the PCE inflation data tonight, the Fed‘s main price gauge. The outcome will shape the December rate decision and the odds of a 25bp cut around 87%.

Macro notes: yesterday’s soft ADP employment data heighten sensitivity to the release. A line-in-line reading could weaken the dollar and lift risk assets, while a hotter print may push yields higher and temper rate-cut expectations.

In crypto, BTC trades in a choppy lane near $92,000. Short-term PCE volatility is estimated at about 3–5%. Resistance sits at $93,800–95,400; a dovish print could test this zone, while hawkish data could pressure $90,700 and below.

Analysts view a cautious, wait‑and‑see setup ahead of the release. BTC’s battleground spans 91,000–95,000; continued easing would lift year‑end risk appetite, otherwise markets may stay rangebound with shifts toward defensive, shorter‑duration positioning.

Share News:
Don't Miss Breaking News