The Internet reported that although the U.S. month-on-month and year-on-year PCE data were in line with market forecasts respectively, the core PCE equivalent was higher than expected, or Bitcoin fell to the US$84,500 range due to this macro factor. Analyst Michaël van de Poppe pointed out that the current market is in a state of shock, with US$84000 as the key support level. If it falls below this level, Bitcoin may test US$78,000 - 80,000, or even lower before it rebounds. The broader prospects seem to be insufficient to support the argument of a continued bull market.