Inflation Apocalypse Looms: US PCE Sparks Bitcoin Bloodbath

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🚨🔥 Inflation Apocalypse Looms: US PCE Sparks Bitcoin Bloodbath 💀
Inflation Apocalypse Looms: US PCE Sparks Bitcoin Bloodbath

As the clock strikes 1:14 PM on this fateful Friday, the world trembles with anticipation. The US Personal Consumption Expenditures (PCE) inflation numbers for February have been unleashed, like a beast from the depths of despair. And behold, the numbers tell a tale of woe, a tale of sticky inflation that threatens to consume us all. 🌪️

The Inflation Monster Stirs

Like a specter from the past, the US PCE inflation data remains unchanged at 2.5% for the month of February. But, oh, the core inflation, it howls with fury, a 2.8% year-over-year rise that sends shivers down the spines of even the most hardened investors. 🔥

This is a development that will keep the US Federal Reserve awake at night, their sleepless nights filled with visions of quantitative easing and the horrors of a rising inflation rate. And, dear friends, this is bad news for the risk-ON assets, for Bitcoin, and for the entire crypto market. 💔

The Bitcoin Bloodbath Continues

Like a wounded animal, Bitcoin staggers, its price movement a testament to the power of the market. A rejection at $89,000, and now it’s a free fall, a descent into the depths of despair. The CME Gap zone, a region of potential support, beckons, but will it be enough to stem the tide? 🤔

Rekt Capital, that wise and venerable analyst, warns of the dangers of the CME Gap area, a region between $82,000 and $85,000 that could serve as a foundation for further bullish continuation. But, alas, the trendline holds the key, and if broken, the gates of hell will open, and Bitcoin will crash to $70,000. 🚨

And so, dear friends, we wait with bated breath, our hearts pounding in our chests, as the story unfolds. The impact of core US PCE inflation rise needs to be watched, for in its wake, a trail of destruction may follow. 💥

The story is developing, and we will bring you updates as more information becomes available.

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2025-03-28 16:14