BTCUSD

BTC/USD prices continue to be closely related to global risk appetite. If US inflation exceeds expectations, a potential strengthening of the dollar may lead to pullbacks in Bitcoin, and the support levels of 118,861 and 117,878 may be tested. Conversely, if global risk appetite increases alongside weak US data, the resistance levels of 120,244 and 121,027 may come into play during upward movements.