Analysis: The market has already priced in inflationary pressures, and BTC is expected to challenge $90,000

According to Sina Finance, 21Shares analyst Matt Mena stated that Bitcoin did not decline due to inflation data, indicating that the market has already priced in the overheating inflation data and remains above the important support level of $80,000.

Mena believes that as macro resistance is gradually cleared, Bitcoin is expected to retest the resistance level of $82,000 and further advance towards $85,000. The upcoming Senate vote on the CLARITY Act may also become an important catalyst, pushing the price to $90,000.