Bitcoin price ignores PCE inflation as bears eat through $109K support

Bitcoin showed no sign of a major rebound after the release of major US inflation data, with bid liquidity clustered at $108,200.

Key points:

Bitcoin sellers attempt to break support at $109,000 at the week’s final Wall Street open.

BTC price action can head toward $100,000 as a result, despite a large “deleveraging” event.

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