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
Crypto prices
More
Bitcoin
BTC
$82,494.01
-1.68%
Ethereum
ETH
$2,515.46
-1.39%
Tether USDt
USDT
$0.9988
-0.01%
BNB
BNB
$746.07
-1.30%
XRP
XRP
$1.36
-4.05%
USDC
USDC
$0.9998
+0.00%
Solana
SOL
$108.24
-3.53%
TRON
TRX
$0.3307
-0.14%
Hyperliquid
HYPE
$83.82
-3.40%
Zcash
ZEC
$1,243.29
-2.89%
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