Bitcoin Eyes Thursday PCE as $80,000 Breakout Falters

2 articles · Updated · cryptonews.net · May 25

Thursday’s U.S. April PCE report is set to be the main near-term catalyst for Bitcoin, with traders watching whether the token can recover after losing momentum above $80,000.
Hotter-than-expected inflation could revive higher-for-longer Fed bets, lift Treasury yields and push Bitcoin back toward $75,000-$76,000 support after rejection near the 200-day moving average around $81,000.
Softer inflation could restore risk appetite, help Bitcoin retake the $80,000-$82,000 resistance zone and trigger stronger moves in higher-beta altcoins such as Ethereum and Solana.
The setup is broader than PCE: Tuesday brings U.S. consumer confidence, while Thursday also includes Q1 2026 GDP and April new home sales, with Memorial Day-thinned liquidity potentially magnifying volatility.

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