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Bitcoin price hits $28.5K on PCE data as macro ‘accumulation zone’ ends

Bitcoin is up $1,000 on the day as bets on $30,000 hitting soon reappear in advance of the BTC price monthly close.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin price hits $28.5K on PCE data as macro ‘accumulation zone’ ends

Bitcoin is up $1,000 on the day as bets on $30,000 hitting soon reappear in advance of the BTC price monthly close.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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