Analysts maintain Bitcoin's $80000 target, PCE inflation data landing boosts market sentiment Odaily Planet Daily News: The latest PCE inflation data in the United States is basically in line with expectations, easing market uncertainty, and Bitcoin prices have stabilized after touching about $73000 earlier. Data shows that the core PCE in February was 3% year-on-year and 0.4% month on month. The market is also affected by the easing of the US Iran situation, but analysis suggests that the current PCE data has not yet reflected potential energy price shocks. Despite the lack of significant market volatility triggered by inflation data, investors remain cautious about expectations of a Fed rate cut this year. Economist Mohamed El Erian said that compared to PCE, the upcoming CPI data this week will have a more critical impact on the market, especially in the context of oil price fluctuations. At the trading level, the market is still in a volatile range, with liquidity mainly concentrated in the $69000 to $76000 range. Trader Micha ë l van de Poppe believes that as long as the key support range is not broken, Bitcoin is expected to start a new round of upward trend, with a target of $80000.