#Bitcoin stabilized near a critical support zone after fresh inflation data clarified the outlook for monetary policy, reinforcing expectations that interest rates may remain higher for longer. The data, however, also strengthened the narrative of bitcoin as a hedge against macroeconomic uncertainty, especially amid rising geopolitical risks and renewed demand from spot ETFs.
The latest Personal Consumption Expenditures (PCE) report met expectations, easing fears of unexpected inflation shocks and restoring investor confidence across risk assets. According to one market strategist, the steady macro backdrop is allowing bitcoin to build momentum for a potential push toward the $100,000 mark.
ETF inflows have picked up in recent sessions, signaling renewed institutional participation after weeks of consolidation. At the same time, global political tensions and shifting currency dynamics are driving interest in alternative stores of value, adding further support to the crypto market.
With technical support holding and macro conditions stabilizing, analysts say bitcoin’s current setup remains constructive, setting the stage for a possible breakout if buying pressure continues.$BTC
