Bitcoin’s latest dip to 92,000 USD aligns with typical buy opportunities. The coin is down 1.5%, with a 15% market retracement from recent highs, marking this phase as the first price correction in the current cycle.
The Personal Consumption Expenditures (PCE) index increased by only 2.4%, offering some market relief. Although liquidation reached 1.4 billion USD in 24 hours, the improved inflation metric may hint at economic stabilization.