Bitcoin is poised for a possible rally to $110,000 as investors await the Personal Consumption Expenditures (PCE) inflation report, slated for March 28. This report is expected to alleviate inflation-related concerns, fostering greater investment in risk assets, including Bitcoin. Market analysts from QCP Group note that although there could be no significant volatility from options positioning, attention will focus on the PCE print, which might serve as a key catalyst for price movement. Recent easing of macro risks, indicated by potential tariff exemptions from trading partners, is also contributing to market optimism. Historical trends show that Bitcoin generally performs well in April, with an average return of 12.9% over this month. Despite a recent decline due to trade tensions initiated by President Trump, analysts like Arthur Hayes and Juan Pellicer assert that the Bitcoin price could reach new heights amid favorable market conditions. With increasing institutional interest and recent Federal Reserve policies aimed at enhancing liquidity, expectations for a bullish April remain high.

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