Bitcoin TODAY ~$83,860 | Down 1.1% After Yesterday's PCE #Shorts
1 extracted signal · 1 resolved · 0 still active
Bitcoin TodayIndependent analyst profile- Source published
- 01 Oct 2026, 18:51 UTC
- Recorded by Tahlil Plus
- 01 Oct 2026, 20:13 UTC
AI-generated source summary
The Bitcoin price is currently trading at $83,860, having seen a 1.1% decrease over the last 24 hours. This price action follows the release of lower-than-expected US PCE inflation data. Core PCE annual inflation came in at 3% against an expected 3.3%, and the monthly figure was 0.2% versus an expected 0.3%. Headline PCE annual inflation was 3.4% compared to an expected 3.7%. Following the data release, Bitcoin initially peaked at $85,614 but has since retraced to its current level near the previous support zone of $83,860. This downward movement occurred despite significant inflows into US spot Bitcoin ETFs, which totaled $2.386 billion last week. The current price action suggests a potential short-term bearish trend, but the strong ETF inflows could provide underlying support for a bullish recovery towards the $85,614 peak.
AI-generated summary based on the source content.
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Bitcoin Today
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