Fri 28 March 2025 ▪
4
min at reading ▪
While Bitcoin sits like a ship in a macroeconomic storm, a threshold value of $ 84,000 becomes a symbol of resistance. The latest data from US consumption (PCE), published on March 28, injected a dose of gross realism in the euphoria of markets. Inflation, this tough spectrum, returns to the persecution of traders. But for numbers, the question burns: can bitcoin maintain their state of refuge, or is it under the weight of economic indicators?
Pce, wound for crypto optimism
Despite the declining inflation in the euro area, the PCE in February in the United States had the effect of the ice alarm. With a monthly inflation of 0.3 % and an annual increase of 2.5 %, market expectations were met.
But the devil is hidden in detail: CORE PCE, Fed preferred indicator, exceeded 0.1 % of the forecasts on both plates. A gentle move, but sufficient to revive the fears of prolonged money tightening.
Basic inflation starts up and warn Kobeissi letter X. Even again: January data was revised up, drawing a disturbing trajectory.
Some analysts even evoke the stagflation scenario for 2025, a toxic mixture of economic stagnation and an increase in price. The context, where bitcoin, often perceived as an anti-inflation shield, seems to be paradoxically vulnerable.
The reaction of the markets was immediate. BTC/USD plunged below $ 84,500 on Bitstamp, the lowest level per week.
Fall 3 % in a few hours, reminiscent that cryptocurrencies do not bind out of economic reality. For investors, the report is clear: the Fed could delay the decline in its rate and extend the liquidation winter.
84 000 $: Psychological Support with High Risk for Bitcoins
In this uncertain landscape, the threshold value of $ 84,000 becomes a front line. Michaël van de Poppe, renowned analyst, summarizes the share:
“In case of a break below $ 84,000, a test is $ 78,000 to $ 80,000.” »»
A scenario that would plunge into the lowest in February and erase consolidation weeks.
But not everyone sees the glass half the empty. Daan Crypto trading is typical of the cooling market.
RSI (relative force index) at 12 -hour graphics shows shortness of breath but not yet collapse.
Others, like Thekingfisher, evoke seasonal resetting and predict the famous “to sell in May and leave”. Ancestral strategy that could consider courses in the coming weeks.
Bitcoin, however, has always played with paradoxes. Despite the opposite winds, he has maintained a global ascending trend since January.
Spot ETF, institutional purchases and the upcoming reduction of mining rewards (half) remain underestimated catalysts. However, the market seems to be taken between two fires: the hope of a new ATH (historically tall) and the fear of deep correction.
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Evariste, fascinated by Bitcoin since 2017, has not stopped documenting on this topic. If his first interest focused on trading, he now tries to actively understand all cryptocurrency progress. As an editor, he tries to permanently provide high quality work that reflects the condition of the sector as a whole.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.