BTC price support ‘thinning’ below $60K, while Bitcoin ignores cool PCE
BTC price performance offers little inspiration through the latest U.S. macro data, but concern is brewing among Bitcoin analysts over $60,000 support.
Bitcoin (BTC) shrugged off United States macro data on June 28 as doubts lingered over the strength of $60,000 support.
Data from Cointelegraph Markets Pro and TradingView showed BTC price action circling the lower $61,000 range after the Wall Street open.
The latest print of the Personal Consumption Expenditures (PCE) Index, known as the Fed’s “preferred” inflation gauge, conformed to expectations across the board.
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Author: William Suberg
