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

Cointelegraph.com NewsBitcoin (BTC) sought a local bottom on March 28 while US inflation data came in higher than expected.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin wobbles as PCE comes in hotData from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $85,500 at the Wall Street open before reversing.Down over 3% on the day, the pair saw lows under $84,500 on Bitstamp, marking… 

​Bitcoin (BTC) sought a local bottom on March 28 while US inflation data came in higher than expected.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin wobbles as PCE comes in hotData from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $85,500 at the Wall Street open before reversing.Down over 3% on the day, the pair saw lows under $84,500 on Bitstamp, marking… 

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