QCP: BTC Holds at $80K but Faces Resistance at $84K; CPI Exceeds Expectations While China-US Talks Influence Short-Term Trend
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.
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.
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