QCP: BTC Holds at $80K but Faces Resistance at $84K; CPI Exceeds Expectations While China-US Talks Influence Short-Term Trend
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to ChainCatcher, QCP Capital analysis indicates that BTC is currently consolidating around $82,000, close to the 200-day moving average. The $80,000 support remains stable for now, but the resistance at $84,000 has not yet been broken. The April core CPI year-on-year is 2.8%, slightly above expectations, mainly driven by housing costs (Owners' Equivalent Rent), while core goods inflation remains subdued and the impact of tariffs has not yet fully spread.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$81,416.13
+2.50%
Ethereum
ETH
$2,297.31
+1.87%
Tether USDt
USDT
$0.9998
+0.03%
XRP
XRP
$1.5
+5.73%
BNB
BNB
$681.01
+1.69%
USDC
USDC
$0.9997
+0.00%
Solana
SOL
$92.77
+2.11%
TRON
TRX
$0.3532
+0.93%
Dogecoin
DOGE
$0.1165
+3.49%
Hyperliquid
HYPE
$43.77
+12.94%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now