Bitcoin (BTC) Trades in a Narrow 91k–95k Range as US PCE Data Shapes Fed Rate-Cut Bets

COINOTAG News reports that the U.S. will release the PCE inflation data tonight, the Fed‘s main price gauge. The outcome will shape the December rate decision and the odds of a 25bp cut around 87%.

Macro notes: yesterday’s soft ADP employment data heighten sensitivity to the release. A line-in-line reading could weaken the dollar and lift risk assets, while a hotter print may push yields higher and temper rate-cut expectations.

In crypto, BTC trades in a choppy lane near $92,000. Short-term PCE volatility is estimated at about 3–5%. Resistance sits at $93,800–95,400; a dovish print could test this zone, while hawkish data could pressure $90,700 and below.

Analysts view a cautious, wait‑and‑see setup ahead of the release. BTC’s battleground spans 91,000–95,000; continued easing would lift year‑end risk appetite, otherwise markets may stay rangebound with shifts toward defensive, shorter‑duration positioning.

Source: https://en.coinotag.com/breakingnews/bitcoin-btc-trades-in-a-narrow-91k-95k-range-as-us-pce-data-shapes-fed-rate-cut-bets