QCP Sees Bitcoin Range Trading as Macro Week Puts $84,000 in Focus

QCP said Bitcoin may stay range-bound in the short term, with $84,000 as a key resistance level, as markets head into a week of U.S. April CPI, PPI, and retail sales data. QCP said the main crypto question is whether slowing inflation can lower real interest rates and keep supporting risk assets.

BTC0.05%
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