Bitcoin price nears $84K: Will U.S. inflation spark a rally?

Bitcoin (BTC) price has traded near $83,538 on October 14 after approaching $83,900 during Asian trading, as investors assessed fresh Federal Reserve comments ahead of the U.S. inflation report. Bitcoin price traded near $83,538 after briefly approaching $83,900 during Wednesday's Asian trading session. Analyst Ali Martinez identified $84,000 as resistance, with $93,000 representing a conditional target. New York Fed President John Williams suggested another rate increase this year but none during 2027. CryptoQuant observed increased activity among older Bitcoin holdings, without confirming that their owners were selling. September's U.S.