Bitcoin price drops 3% on hot US PCE data as analyst says $84K must hold

Bitcoin (BTC) sought a local bottom on March 28 while US inflation data came in higher than expected. BTC/USD 1-hour chart. Down over 3% on the day, the pair saw lows under $84,500 on Bitstamp, marking its lowest levels since March 23 source: https://cointelegraph.com/news/bitcoin-price-drops-hot-us-pce-data-analyst-84k-must-hold?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound