cryptoworld

💸 BTC Struggles to Hold Above $84,325 (pMonth VAL)

If the price drops and consolidates below $83,000, a pullback to $81,220 is likely.

📉 Long-term resistance is in the $88,856 – $93,700 range. Until BTC breaks above these levels, calling it a full-fledged bull run is premature.

📊 Market Overview:
Yesterday’s stock market rally and positive CPI & PPI inflation data created an illusion of stability. However, the risk of recession remains real. While lower inflation is a positive sign, macroeconomic risks persist—tariffs and Fed policy uncertainty could trigger another wave of volatility.

👀 Key event to watch: Powell’s speech on March 19—his rhetoric could set the market’s direction.