The macro event of the week for $BTC : PCE inflation data.

PCE = the Fed s PREFERRED inflation gauge.

Why it matters:

Hot PCE = Fed stays hawkish = more crypto pressure

Cool PCE = rate cut hopes revive = $BTC relief rally

After CPI 3.8% and PCE 6%, the market is bracing for bad news.

A cool surprise could be the catalyst that ends this correction.