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BTC price shrugs off strong PCE data as Bitcoin traders eye $28K range

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© Reuters.

(BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations.

1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures (PCE) Index print.

BTC/USD annotated chart. Source: Crypto Tony/X
BTC/USD annotated chart. Source: Daan Crypto Trades/Twitter

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